19 Oct 2010 16:41
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Hydrodec Group plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
CHANGE TO THE NUMBER OF VOTING RIGHTS IN ISSUE, FOLLOWING THE RECENT CONDITIONAL PLACING.
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3. Full name of person(s) subject to the notification obligation: | Aviva plc & its subsidiaries | |||
4. Full name of shareholder(s) (if different from 3.): | Registered Holder:
BNY Norwich Union Nominees Limited 6,795,212*
Chase (GA Group) Nominees Limited 42,755,594*
CUIM Nominee Limited 4,387,169* *denotes direct interest BNP Paribas - London 2,320,901 Chase Nominees Limited 8,047,711
State Street Nominees Limited 6,592,193
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5. Date of the transaction and date on which the threshold is crossed or reached: | 18 October 2010 | |||
6. Date on which issuer notified: | 19 October 2010 | |||
7. Threshold(s) that is/are crossed or reached: | 20% to 19% Change at Combined Interest Level | |||
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 | Resulting situation after the triggering transaction | |||||||||
Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||
Ordinary Shares GB00B02FJF09 | 70,898,780 | 70,898,780 | 70,898,780 | 53,937,975 | 16,960,805 | 15.19% | 4.77% | ||||
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B: Qualifying Financial Instruments | |||||||||||
Resulting situation after the triggering transaction | |||||||||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||
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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
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| Nominal | Delta |
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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 the financial 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 cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: | Figures are based on a revised total number of voting rights of 355,181,198, following the recent conditional placing of shares. |
14. Contact name: | Neil Whittaker |
15. Contact telephone number: | 01603 684420 |