Holding(s) in Company

RNS Number : 5969S

Ricardo PLC

20 May 2009

 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
     
1.   Identity of the issuer or the underlying issuer of existing shares to which
     voting rights are attached :
     
     Ricardo plc

2.   Reason for the notification (please state Yes/No):

     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 (please specify) :     
                                    

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

     Aviva plc & its subsidiaries

4.   Full name of shareholder(s) (if different from 3.):

Registered Holder:

BNY Norwich Union Nominees Limited       113,503*

Chase GA Group Nominees Limited          760,468*

Chase Nominees Limited                    46,767*

CUIM Nominee Limited                      63,523*

Vidacos Nominees Limited                  25,810*

* denotes direct interest

Chase Nominees Limited                    62,133

Delta Lloyd Europees
Deelnemingen Fonds                     4,103,555

Delta Lloyd Luxembourg
European Participation Fund              290,000

Vidacos Nominees Limited                 173,970

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

     19 May 2009


6.   Date on which issuer notified:

     20 May 2009


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

     10% to 11% Change at Combined Interest level

8.   Notified details:


A:   Voting rights attached to shares

Class/type of shares if possible using  Situation previous to the Triggering
the ISIN CODE                           transaction 

                                        Number of      Number of voting Rights
                                        shares         

GB0007370074                            5,177,579      5,177,579


Resulting situation after the triggering transaction 

Class/type of shares if  Number of   Number of voting rights  % of voting
possible using the ISIN  shares                               rights
CODE
                         Direct      Direct      Indirect     Direct   Indirect
                                                 

GB0007370074             1,010,071   1,010,071   4,629,658     1.97%    9.05%      

B: Financial Instruments
Resulting situation after the triggering transaction 

Type of      Expiration  Exercise/      Number of voting rights that may    % of
financial    Date        Conversion     be acquired if the instrument is    voting
instrument               Period/ Date   exercised/ converted.               rights

                            N/A

Total (A+B)
Number of voting rights                 % of voting rights

5,639,729                               11.02%

     
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 Delta Lloyd Asset Management NV, 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)

Delta Lloyd Asset Management NV:
- Aviva plc (Parent Company)
- Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
- Aviva International Insurance Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
- Aviva Insurance Limited (wholly owned subsidiary of Aviva International Insurance Limited)
- Aviva International Holdings Limited (wholly owned subsidiary of Aviva Insurance Limited)
- CGU International Holdings BV (wholly owned subsidiary of Aviva International Holdings
  Limited)
- Delta Lloyd NV (majority owned subsidiary of CGU International Holdings BV)
- Delta Lloyd Asset Management NV (wholly owned subsidiary of Delta Lloyd NV)

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:

Figures are based on a total number of voting rights of 51,154,745

14.  Contact name:               

     Neil Whittaker

     

15.  Contact telephone number:

     01603 684420



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