10th Feb 2014 09:47
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| Severn Trent Plc | |||
2. Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
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
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An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: | Newton Investment Management Ltd. | |||
4. Full name of shareholder(s) (if different from 3.): | N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached:
| 6 February 2014 | |||
6. Date on which issuer notified: | 7 February 2014 | |||
7. Threshold(s) that is/are crossed orreached:
| Falling Below 5% | |||
8. Notified details:
| |||||||||||||
A: Voting rights attached to shares | |||||||||||||
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 | |||||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||||
Common Stock GB00B1FH8J72 | 12,285,378 | 12,285,378 | 11,474,764 | 11,474,764 | N/A | 4.80% | N/A | ||||||
B: Qualifying Financial Instruments | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financialinstrument |
Expirationdate |
Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. |
% of votingrights | |||||||||
N/A | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financialinstrument
|
Exercise price |
Expiration date |
Exercise/Conversion period |
Number of voting rights instrument refers to
|
% of voting rights
| ||||||||
N/A |
| Nominal | Delta | ||||||||||
Total (A+B+C) | |||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||
11,474,764 | 4.80% | ||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | |||||||||||||
Newton Investment Management Ltd. holds these shares as a discretionary fund manager. | |||||||||||||
Proxy Voting: | |||||||||||||
10. Name of the proxy holder: | N/A | ||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | ||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | ||||||||||||
13. Additional information: | N/A | ||||||||||||
14. Contact name: | Richard Brierley | ||||||||||||
15. Contact telephone number: | 024 7771 5000 | ||||||||||||
Related Shares:
Severn Trent