14th Dec 2010 17:23
PENNON GROUP PLC
FOR IMMEDIATE RELEASE
HOLDING IN COMPANY
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
PENNON GROUP PLC
2. Reason for the notification
Disposal of voting rights (taking below 5% threshold).
3. Full name of person(s) subject to the notification obligation
Legal & General Group Plc.
4. Full name of shareholder(s)
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is crossed or reached if different)
13 December 2010
6. Date on which issuer notified:
14 December 2010
7. Threshold(s) that is/are crossed or reached: 5% (from 5.86% to 4.98%)
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 | |
Number of shares | Number of voting Rights | |
ORD GBP 0.407 | 20,917,055 | 20,917,055 |
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights (ix) | % of voting rights | ||
| Indirect (xi) | Direct | Indirect | ||
17,791,083 | 17,791,083 | 4.98 | |||
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | 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 |
Eg CFD |
Total (A+B+C)
Number of voting rights | % of voting rights |
17,791,083 | 4.98% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
Legal & General Group Plc direct holdings held by Legal & General Assurance Society Limited (LGAS),Legal & General Pensions Limited (LGPL) and Legal & General Assurance (Pensions Management) Limited (PMC). Holding in aggregate 17,791,083 or 4.98%.
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
Notification using the total voting rights figure of 356,938,736.
A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):
Pennon Group Plc
Contact address (registered office for legal entities):
Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR
Contact name Richard Zmuda - Assistant Company Secretary
Phone number 01392 443517
14 December 2010
www.pennon-group.co.uk
Related Shares:
Pennon