11th Jul 2008 17:44
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 (ii):
PENNON GROUP PLC
2. Reason for the notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation
Legal & General Group Plc (L&G)
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)
10 July 2008
6. Date on which issuer notified:
11 July 2008
7. Threshold(s) that is/are crossed or reached:
From 5% - 6% (L&G)
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 |
17,656,811 |
17,656, 811 |
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 |
||
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
|
ORD GBP 0.407 |
21,795,038 |
21,795,038 |
6.13% |
||
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
21,795,038 |
6.13% |
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 and Indirect) (Group) (25,621,572 - 7.21% = Total Position)
|
|
|
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Group) (25,621,572 - 7.21% = Total Position)
|
|
|
Legal & General Investment Management Limited (Indirect) (LGIM) (Group) 25,621,572 - 7.21% = Total Position) |
|
|
Legal & General Group Plc (Direct) (L&G) (21,795,038 - 6.13% = LGAS, LGPL & PMC) |
|
|
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (13,482,822 - 3.79% = PMC) |
Legal & General Insurance Holdings Limited (Direct) (LGIH) |
|
Legal & General Assurance (Pensions Management) Limited (PMC) (13,482,822 - 3.79% = PMC) |
Legal & General Assurance Society Limited (LGAS & LGPL) |
|
Legal & General Pensions Limited (Direct) (LGPL) |
|
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 355,164,274.
Annex to Notification of Major Interests In Shares
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 Margaret Lilian Heeley - Assistant Company Secretary
Phone number 01392 443060
11 July 2008
www.pennon-group.co.uk
End transmission
Related Shares:
PennonLegal & General