10th Jan 2012 12:51
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Timeweave plc |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | yes | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | no | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | no | |
An event changing the breakdown of voting rights | no | |
Other (please specify): |
| no |
3. Full name of person(s) subject to the notification obligation:
| Aviva plc and its subsidiaries |
4. Full name of shareholder(s) (if different from 3.):
| BNY (Nominees) Limited 170,448* BNY Norwich Union Nominees Ltd 1,282,360* Chase (GA Group) Nominees Ltd 6,823,765* Chase Nominees Limited 593,527* Vidacos Nominees Limited 137,540* *denotes direct interest Vidacos Nominees Limited 2,324,386
|
5. Date of the transaction and date on which the threshold is crossed or reached:
| 30 November 2011 |
6. Date on which issuer notified:
| 2 December 2011 (recieved 6 January 2012) |
7. Threshold(s) that is/are crossed or reached:
| 4% to 3% change at direct interest level |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
| Direct | Indirect | Direct | Indirect | |||
Ordinary Shares | 12,888,097 | 12,888,097 | 11,332,026 | 9,007,640 | 2,324,386 | 3.99% | 1.04% |
GB0000221894 | |||||||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Contract for Difference | 11,000,000 | Nominal | Delta
| |||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
11,332,026 | 5.03% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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: ·; 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)
|
Proxy Voting:
| |
10. Name of the proxy holder:
| |
11. Number of voting rights proxy holder will cease to hold:
| |
12. Date on which proxy holder will cease to hold voting rights:
| |
13. Additional information:
| Figures based on total number of voting rights of 225,415,063 |
14. Contact name:
| Neil Whittaker, Aviva plc |
15. Contact telephone number:
| 01603 684420 |
Related Shares:
Aviva