4th May 2016 17:30
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
SVG Capital Plc
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
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) (X)
Transfer in of new funds
3. Full name of person(s) subject to notification obligation:
Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3) :
Registered Holder:
| |
Available on Request
| 3,701* |
BNY Norwich Union Nominees Limited
| 825,883* |
Chase (GA Group) Nominees Limited
| 7,785,321* |
Chase Nominees Limited
| 85,110* |
State Street Nominees Limited * denotes direct interest
| 2,052,292*
|
Chase Nominees Limited
| 273,927 |
Vidacos Nominees Limited | 56,962 |
5. Date of transaction (and date on which the threshold is crossed or reached):
29 April 2016
6. Date on which issuer notified:
4 May 2016
7. Threshold(s) that is/are crossed or reached:
5% to 6% Change at Direct Interest Level
8. Notified Details:
A: Voting rights attached to shares
Class/type of shares if possible use ISIN CODE | Situation previous to the triggering transaction | |
Number of shares | Number of voting rights | |
Ordinary Shares GB0007892358 | 11,733,687 | 11,733,687 |
Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect | |
Ordinary Shares GB0007892358
| 11,083,196 | 10,752,307 | 330,889 | 6.84% | 0.21% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration date | Exercise/conversion period/date | No. of voting rights that may be acquired (if the instrument 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 | Expiration date | Exercise/conversion period/date | No. of voting rights that instrument refers to | % of voting rightsnominal delta |
Total (A+B+C)
Number of voting rights | % of voting rights |
11,083,196 | 7.05% |
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 & Friends Provident International 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)
Friends Provident International Limited:
· Aviva plc (Parent Company)
· Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
· Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
· Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)
· Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)
· Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)
· Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)
· Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)
10. Name of proxy holder:
See section 4
11. Number of voting rights proxy holder will cease to hold:
12. Date of which proxy holder will cease to hold voting rights:
13. Additional Information:
Figures are based on the total number of voting rights of 157,315,282 shares, as per the Company's 'Total Voting Rights and Capital' Announcement of 29 April 2016.
14. Contact name:
Stuart Ballard
Company Secretary
15. Contact telephone number:
0203 457 0090
Related Shares:
Aviva