Holding(s) in Company

RNS Number : 6602P
Pennon Group PLC
19 February 2016
 

 

 

PENNON GROUP PLC

 

FOR IMMEDIATE RELEASE

 

HOLDING IN COMPANY

 

NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

1.     Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

        PENNON GROUP PLC / GB00B18V8630

 

2.     Reason for the notification

 

-      Disposal of voting rights.

-      Acquisition of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.       
 

3.     Full name of person(s) subject to the notification obligation

       

        Aviva plc & its subsidiaries.

 

4.     Full name of shareholder(s)

 

        Registered Holder:

 

        BNY Norwich Union Nominees Limited 11,047*

 

        Chase (GA Group) Nominees Limited 122,770*

 

        State Street Nominees Limited 12,117,494*

 

        Available on request 27,385*

 

* Denotes direct interest

 

               

5.     Date of the transaction and date on which the threshold is crossed or reached:

 

        18 February 2016

 

6.     Date on which issuer notified:

 

        19 February 2016

 

7.     Threshold(s) that is crossed:   3% to < 3% Change at Direct Interest level (section 8A)

 

8.     Notified details:  

 

A:    Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction


 

Number of shares
 

Number of voting Rights
 

GB00B18V8630

16,008,718

16,008,718

 

 

 

Resulting situation after the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights
 

% of voting rights
 

 

 

Direct

Indirect

Direct

Indirect

 

GB00B18V8630

12,278,696

12,278,696

Not disclosable

2.98%

Not

disclosable

 

 

 

 

B:    Financial Instruments

        Resulting situation after the triggering transaction

 

Type of financial instrument
 

Expiration

Date


 

Exercise/Conversion Period/ Date


 

Number of voting rights that may be acquired if the instrument is exercised/ converted.
 

% of voting rights

 

 


 

RIGHT TO RECALL LOANED SHARES

N/A

N/A

1,204,338

0.29%

 

 

C:    Financial Instruments with similar economic effect to Qualifying Financial Instruments
        Resulting situation after the triggering transaction         

 

Type of financial instrument

 

-

Exercise Price
 

 

-

Expiration Date

 

 

-

 

Exercise / Conversion period

 

-

Number of voting rights Instrument refers to

 

-

% of voting rights

 

 

 

-

 

 

 

 

 

 

Total (A+B+C)

 

Number of voting rights
 

% of voting rights
 

13,483,034

3.27%

9.     Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

        The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chains of controlled undertakings:

 

        Aviva Investors Global Services Limited:

 

-       Aviva plc (Parent Company)

-       Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

-       Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

-       Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

 

       Friends Provident International Limited:

 

-       Aviva plc (Parent Company)

-       Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

-       Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

-       Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)

-       Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)

-       Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)

-       Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)

-       Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)                    

Proxy Voting:

 

10. Name of the proxy holder:

 

  See Section 4.

 

11.  Number of voting rights proxy holder will cease to hold:

 

        -

 

12. Date on which proxy holder will cease to hold voting rights:

 

        -

 

13. Additional information:

 

        -

      

 A:    Identity of the person or legal entity subject to the notification obligation

 

14. Contact Name: Neil Whittaker, Aviva plc

 

15. Contact telephone number: 01603 684420

 

B: Identity of the notifier

 

Full name (including legal form for legal entities):

 

                Pennon Group Plc

 

Contact address (registered office for legal entities):

 

Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR

 

Contact name    Karen Senior - Assistant Company Secretary

 

Phone number   01392 443060

 

19 February 2016

 

www.pennon-group.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange
 
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