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Pennon Group PLC (PNN)

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Friday 11 July, 2008

Pennon Group PLC

Holding(s) in Company

RNS Number : 9477Y
Pennon Group PLC
11 July 2008
 

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 (ii):


PENNON GROUP PLC


2. Reason for the notification 


An acquisition or disposal of voting rights


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


   Legal & General Group Plc (L&G)


4. Full name of shareholder(s) 


Legal & General Assurance (Pensions Management) Limited (PMC)

 

5. Date of the transaction (and date on which the threshold is crossed or reached if different) 


10 July 2008


6. Date on which issuer notified:


11 July 2008


7. Threshold(s) that is/are crossed or reached:


From 5% - 6% (L&G)


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 

ORD GBP 0.407

17,656,811

   17,656, 811


  Resulting situation after the triggering transaction 


Class/type of shares if possible using the ISIN CODE

Number of shares 

Number of voting rights (ix)

% of voting rights



Direct

Direct (x)

Indirect (xi)

Direct

Indirect

 ORD GBP 0.407

21,795,038

21,795,038


6.13%



B: Financial Instruments

Resulting situation after the triggering transaction 


Type of financial instrument

Expiration Date (xiii)



Exercise/Conversion Period/ Date 


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

% of voting rights



Total (A+B)

Number of voting rights

% of voting rights

21,795,038

6.13%


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



Legal & General Group Plc (Direct and Indirect) (Group) (25,621,572 - 7.21% = Total Position)

  




Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Group) (25,621,572 - 7.21% = Total Position)

  


Legal & General Investment Management Limited (Indirect) (LGIM) (Group) 25,621,572 - 7.21% = Total Position)



Legal & General Group Plc (Direct) (L&G) (21,795,038 6.13= LGAS, LGPL & PMC)


Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (13,482,822 - 3.79= PMC) 


Legal & General Insurance Holdings Limited (Direct) (LGIH) 

Legal & General Assurance (Pensions Management) Limited (PMC) (13,482,822 - 3.79% = PMC)  

Legal & General Assurance Society Limited (LGAS & LGPL) 


Legal & General Pensions Limited (Direct) (LGPL)

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:

Notification using the total voting rights figure of 355,164,274.  

Annex to Notification of Major Interests In Shares


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


Full name (including legal form for legal entities):


Pennon Group Plc


Contact address (registered office for legal entities):


Peninsula House, Rydon LaneExeterDevon, EX2 7HR


Contact name    Margaret Lilian Heeley - Assistant Company Secretary


Phone number   01392 443060






11 July 2008


www.pennon-group.co.uk


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