21st Nov 2014 11:21
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 (PNN LN)
2. Reason for the notification
Acquisition of voting rights (although reduction in overall % of voting rights due to the increase in the issued share capital of Pennon Group Plc since the previous TR1 notification by RARE Infrastructure Limited).
3. Full name of person(s) subject to the notification obligation
RARE Infrastructure Limited
4. Full name of shareholder(s)
As detailed in point 3 above
5. Date of the transaction (and date on which the threshold is crossed or reached if different)
14 November 2014
6. Date on which issuer notified:
18 November 2014
7. Threshold(s) that is crossed: below 5% threshold
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 | |
GB00B18V8630
(This represented 5.0204% of voting rights as at the last TR1 notification made on 22 May 2013. At this date the issued share capital of Pennon Group Plc was 365,016,955) | 18,325,407 | 18,325,407
|
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
| |||
GB00B18V8630 | 18,325,407 | 19,366,782 | 4.8579% | ||
(The issued share capital in relation to this notification is 398,664,083. Although the holding has increased from 18,325,407 to 19,366,782, due to the increase in the issued share capital since the last TR1 notification (May 2013) the overall % of total voting rights has reduced from 5.0204% to 4.8579%).
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
|
-
| - | - | - | - | - |
Total (A+B+C)
Number of voting rights | % of voting rights |
19,366,782 | 4.8579% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
N/A
Proxy Voting:
10. Name of the proxy holder:
RARE Infrastructure Limited
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: None
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
21 November 2014
www.pennon-group.co.uk
Related Shares:
Pennon