Notification of Major Interest in Shares

RNS Number : 9716R

Severfield-Rowen PLC

01 November 2013

 



TR-1: Notification of Major Interest in Shares

Severfield-Rowen

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Severfield-Rowen plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				√
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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 (Nominees) Limited                                       269,324*  BNY Norwich Union Nominees Limited                3,241,259*  Chase (GA Group) Nominees Limited                28,561,458* Chase Nominees Limited                                        37,229* Vidacos Nominees Limited                                    218,267*             *denotes direct interest Chase Nominees Limited                                      267,592 Vidacos Nominees Limited                                 2,955,246

5. Date of the transaction and date on which the threshold is crossed or reached:	25 October 2013
6. Date on which issuer notified:	28 October 2013
7. Threshold(s) that is/are crossed or reached:	12% to 11% Change at Combined Interest Level

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				Resulting situation after the triggering transaction
	Number of Shares		Number of Voting Rights		Number of shares	Number of voting rights			% of  voting rights
					Direct	Direct		Indirect	Direct		Indirect
Ordinary Shares GB00B27YGJ97	35,888,621		35,888,621		35,550,375	32,327,537		3,222,838	10.87%		1.08%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration date		Exercise/ Conversion Period			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
					Nominal	Delta
Total (A+B+C)
Number of voting rights				Percentage of voting rights
35,550,375				11.95%

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, 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)
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 297,503,587.
14. Contact name:	Neil Whittaker, Aviva plc
15. Contact telephone number:	01603 684420

 

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