1st Jun 2017 17:03
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Flowgroup 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): |
CHANGE IN NATURE : SHARES LOANED OUT | √ | |||
3. Full name of person(s) subject to thenotification obligation: iii | Aviva plc & its subsidiaries | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Registered Holder:
Chase (GA Group) Nominees Limited 48,198,114*
*denotes direct interest
Chase Nominees Limited 2,369,469
Vidacos Nominees Limited 5,178,982
| ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 31 May 2017 | ||||
6. Date on which issuer notified: | 01 June 2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 18% to 17% Change at Combined Interest level (Box 8A) AND 16% to 15% Change at Direct Interest Level (Box 8A) | ||||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||
Ordinary SharesGB00B19H7076 |
62,746,565* |
62,746,565* | 55,746,565 |
48,198,114 | 7,548,451 | 15.18% | 2.38% | ||||||||
* Includes Right to Recall Loaned Shares (2,800,000)
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B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
RIGHT TO RECALL LOANED SHARES | N/A | N/A |
7,000,000*
* Direct Interest
| 2.20% | |||||||||||
| |||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||
| Nominal | Delta | |||||||||||||
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
62,746,565 | 19.76% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
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 ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Figures are based on a total number of voting rights of 317,529,078 as per the Company's Result of Open Offer & Result of General Meeting Announcement of 18 May 2015. | |
14. Contact name: | Michael Dunhill, Aviva plc | |
15. Contact telephone number: | 01603 685988 | |
Related Shares:
AvivaFlowgroup