Holding(s) in Company

RNS Number : 2985M

Ricardo PLC

20 May 2010

 



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:

Ricardo plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		ü
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 Norwich Union Nominees Limited	132,907*
	Chase (GA Group) Nominees Limited	911,249*
	Chase Nominees Limited	58,741*
	Delta Lloyd Levensverzekeringen NV	438,659*
	Vidacos Nominees Limited	2,273*
	* denotes direct interest
	Chase Nominees Limited	62,133
	Delta Lloyd Europees Deelnemingen Fonds	4,097,531
	Delta Lloyd Luxembourg European Participation Fund	1,489,006
	Vidacos Nominees Limited	206,906
5. Date of the transaction and date on which the threshold is crossed or reached:	19 May 2010
6. Date on which issuer notified:	20 May 2010
7. Threshold(s) that is/are crossed or reached:	13% to 14% 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
GB0007370074	6,832,711	6,832,711	7,399,405	1,543,829	5,855,576	3.01%	11.41%

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
7,399,405	14.42%

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 51,307,089
14. Contact name:	Diane Thirkettle
15. Contact telephone number:	01603 687803

 

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