24th Jan 2011 07:00
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | Hydrodec Group plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): |
On market transfer between direct and indirect funds
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3. Full name of person(s) subject to thenotification obligation: | Aviva plc & its subsidiaries | |||
4. Full name of shareholder(s) (if different from 3.): | Registered Holder:
BNY Norwich Union Nominees Limited 7,795,212*
Chase (GA Group) Nominees Limited 47,497,787*
CUIM Nominee Limited 4,477,169* *denotes direct interest BNP Paribas - London 2,370,901 Chase Nominees Limited 8,757,711
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5. Date of the transaction and date onwhich the threshold is crossed orreached: | 20 January 2011 | |||
6. Date on which issuer notified: | 21 January 2011 | |||
7. Threshold(s) that is/are crossed orreached: | 15% to 16% 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 | Direct | Indirect | Direct | Indirect | |||||||
Ordinary SharesGB00B02FJF09 | Direct: 53,937,975 (15.19%) Indirect: 16,960,805 (4.77%) | Direct: 53,937,975 (15.19%) Indirect: 16,960,805 (4.77%) | 70,898,780 | 59,770,168 | 11,128,612 | 16.83% | 3.13% | ||||
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B: Qualifying Financial Instruments | |||||||||||
Resulting situation after the triggering transaction | |||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | 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 | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
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| Nominal | Delta | ||||
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
70,898,780 | 19.96% |
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)
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Proxy Voting: | |
10. Name of the proxy holder: | See Section 4 |
11. Number of voting rights proxy holder will ceaseto hold: | |
12. Date on which proxy holder will cease to holdvoting rights: |
13. Additional information: | Figures are based on a total number of voting rights of 355,181,198 as per the Company's Total Voting Rights Announcement of 29/10/2010.
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14. Contact name: | Neil Whittaker, Aviva plc |
15. Contact telephone number: | 01603 684420 |
Related Shares:
HYR.L