TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
SVG Capital Plc
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (CHANGE TO THE NUMBER OF VOTING RIGHTS IN ISSUE FOLLOWING THE RECENT TENDER OFFER) (X)
3. Full name of person(s) subject to notification obligation:
Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3):
Registered Holder:
Available on Request 2,934*
Chase (GA Group) Nominees Limited 215,684*
HSBC Global Custody Nominee (UK) Limited 17,711*
State Street Nominees Limited 71,311*
* denotes direct interest
Chase Nominees Limited 13,622
Vidacos Nominees Limited 22,538
5. Date of transaction (and date on which the threshold is crossed or reached):
10 April, 2017
6. Date on which issuer notified:
12 April, 2017
7. Threshold(s) that is/are crossed or reached:
4% to <3% Change at Direct Interest Level
5% to<5% Change at Combined Interest Level
8. Notified Details:
A: Voting rights attached to shares
|
Class/type of shares if possible use ISIN CODE
|
Situation previous to the triggering transaction
|
|
|
Number of shares
|
Number of voting rights
|
|
Ordinary Shares
GB0007892358
|
5,589,292
|
5,589,292
|
Resulting situation after the triggering transaction
|
|
|
|
Class/type of shares if possible use ISIN CODE
|
Number of shares
|
Number of voting rights
|
% of voting rights
|
|
|
Direct
|
Direct
|
Indirect
|
Direct
|
Indirect
|
|
Ordinary Shares
GB0007892358
|
343,800
|
307,640
|
36,160
|
1.30%
|
0.15%
|
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument
|
Expiration date
|
Exercise/conversion period/date
|
No. of voting rights that may be acquired (if the instrument 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
|
Expiration date
|
Exercise/conversion period/date
|
No. of voting rights that instrument refers to
|
% of voting rights
nominal delta
|
|
|
|
|
|
|
Total (A+B+C)
|
Number of voting rights
|
% of voting rights
|
|
343,800
|
1.45%
|
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 & Friends Provident International Limited, with the following chain 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)
· Friends Provident International Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
10. Name of proxy holder:
See section 4
11. Number of voting rights proxy holder will cease to hold:
12. Date of which proxy holder will cease to hold voting rights:
13. Additional Information:
Figures are based on the total number of voting rights of 23,682,995 shares, as per the Company's Total Voting Rights Announcement of 10 April 2017.
14. Contact name:
Stuart Ballard
Company Secretary
15. Contact telephone number:
0203 457 0090