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Pennon Group PLC (PNN)

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Wednesday 22 September, 2010

Pennon Group PLC

Holding(s) in Company

RNS Number : 1025T
Pennon Group PLC
22 September 2010
 



 

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

 

2.     Reason for the notification

 

        Following the sale of part of the AXA Life Insurance business to Resolution PLC, changes have been made to the direct and indirect holdings.

 

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

       

        AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies.

 

4.     Full name of shareholder(s)

 

        As above

 

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

 

        15 September 2010

 

6.     Date on which issuer notified:

 

        20 September 2010

 

7.     Threshold(s) that is/are crossed or reached:    3%

 

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

19,935,306

19,935,306

 

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

 

 



Indirect (xi)

Direct

Indirect


415,100

415,100

19,501,056

0.12

5.51

 

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




 

-

 

-

 

-

 

-


 

 

 

 

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

 

Eg CFD






 

Total (A+B+C)

 

Number of voting rights

% of voting rights

19,916,156

5.63%

 

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

 

        AXA IM UK             Direct     415,100.00 shares             0.117316% of issued share capital

        AXA IM UK             Indirect   19,246,506.00 shares        5.439460% of issued share capital

        AXA Rosenberg   Indirect   254,550.00 shares             0.071941% of issued share capital               

 

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 5.55%

 

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 Lane, Exeter, Devon, EX2 7HR

 

Contact name    Richard Zmuda - Assistant Company Secretary

 

Phone number   01392 443517

 

22 September 2010

 

www.pennon-group.co.uk


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