Holding(s) in Company

RNS Number : 3407Q

Pennon Group PLC

26 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.

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 10,948,482*

        Available on request 27,385*

* Denotes direct interest

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

        24 February 2016

6.     Date on which issuer notified:

        26 February 2016

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

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	13,483,034*		13,483,034*
* includes Right to Recall Loaned Shares (1,204,338)

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	11,109,684	11,109,684	Not disclosable	2.694%	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* * Direct Interest	0.292%

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
12,314,022	2.986%

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

26 February 2016

www.pennon-group.co.uk

 

END

 

 

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