Holding(s) in Company

RNS Number : 9000G

TEG Group (The) PLC

04 July 2012

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

TEG Group Plc (The)

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify):	Dilution of holding on share issue	Yes

3. Full name of person(s) subject to the notification obligation:	Impax Asset Management Limited
4. Full name of shareholder(s) (if different from 3.):	Impax Environmental Markets Plc, Impax Environmental Markets Ireland, The Environment Agency Fund.
5. Date of the transaction and date on which the threshold is crossed or reached:	29th June 2012
6. Date on which issuer notified:	3rd July 2012
7. Threshold(s) that is/are crossed or reached:	9%

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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
	16,718,501	9.0674%	16,718,501	N/A	16,718,501	N/A	8.8739%
Ordinary Shares IM00B28KLZ74

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
NIL

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
NIL					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
16,718,501	8.8739%

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

Impax Asian Environmental Markets Plc (10,271,767 Shares 5.4521%),  Impax Asian Environmental Markets (Ireland) (5,071,414 Shares 2.6918%), The Environment Agency Fund (1,375,320 Shares 0.7300%).

Proxy Voting:
10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Based on 188,400,000 issued ordianry shares
14. Contact name:	Michael Knight Compliance Officer
15. Contact telephone number:	[phone]

 

END

 

 

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