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: |
Porvair plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
YES
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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
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
NO
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An event changing the breakdown of voting rights |
NO
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Other (please specify): |
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N/A
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3. Full name of person(s) subject to the notification obligation:
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IMPAX ASSET MANAGEMENT LIMITED |
4. Full name of shareholder(s) (if different from 3.):
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IMPAX ENVIRONMENTAL MARKETS PLC IMPAX ENVIRONMENTAL MARKETS IRELAND PARVEST ENVIRONMENTAL OPPORTUNITIES FUND THE ENVIRONMENT AGENCY FUND |
5. Date of the transaction and date on which the threshold is crossed or reached:
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10th November 2011 |
6. Date on which issuer notified:
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14th November 2011
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7. Threshold(s) that is/are crossed or reached:
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10% |
8. Notified details: |
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A: Voting rights attached to shares
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ordinary shares GB0006963689 |
4,287,031 |
10.0783% |
4,162,031 |
N/A |
4,162,031 |
N/A |
9.7844% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Expiration |
Exercise/ |
Number of voting
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% of voting |
NIL |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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NIL |
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
4,162,031 |
9.7844% |
9. Chain of controlled undertakings through which the voting rights and/or the |
IMPAX ENVIRONMENTAL MARKETS PLC (2,226,000 SHARES 5.2330%) IMPAX ENVIRONMENTAL MARKETS IRELAND (948,250 SHARES 2.2292%) PARVEST ENVIRONMENTAL OPPORTUNITIES FUND (702,481 SHARES 1.6514%) THE ENVIRONEMT AGENCY FUND (285,300 SHARES 0.6707%) |
Proxy Voting:
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10. Name of the proxy holder:
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N/A |
11. Number of voting rights proxy holder will cease to hold:
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N/A |
12. Date on which proxy holder will cease to hold voting rights:
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N/A |
13. Additional information:
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BASED ON 42,537,372 ISSUED ORDINARY SHARES |
14. Contact name:
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MICHAEL KNIGHT COMPLIANCE OFFICER |
15. Contact telephone number:
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+44 (0) 20 7434 1122 |