20th Mar 2009 10:32
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) ( )
Change to the number of voting rights in issue following the recent placing and rights issue.
3. Full name of person(s) subject to notification obligation:
Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3) :
BNY Norwich Union Nominees Limited
7,917,922*
Chase GA Group Nominees Limited
27,399,682*
Chase Nominees Limited
1,307,017*
CUIM Nominee Limited
5,795,533*
Chase Nominees Limited
7,343,439
Vidacos Nominees Limited
42,654
* denotes direct interest
5. Date of transaction (and date on which the threshold is crossed or reached if different):
18 March 2009
6. Date on which issuer notified:
19 March 2009
7. Threshold(s) that is/are crossed or reached:
15% to 16% Change at Combined 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 |
49,556,247 |
49,556,247 |
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 |
42,420,154 |
42,420,154 |
7,386,093 |
13.67% |
2.38% |
B: 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 |
|
N/A |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
49,806,247 |
16.05% |
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, with the following chain of controlled undertakings:-
Aviva Investors Global Services Limited:
|
a) |
Aviva plc (Parent Company) |
|
b) |
Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) |
|
c) |
Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) |
|
d) |
Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited) |
10. Additional information:
See Section 4
11. Additional Information:
Figures are based on a revised total number of voting rights of 310,407,923 following the recent placing, as advised by SVG Capital plc, but not yet formally disclosed to the market.
11. Contact name:
John Spedding
12. Contact telephone number:
0207 658 3206
13. Additional Information:
Date: 19 March 2009
Related Shares:
Aviva