31 Mar 2010 17:35
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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 |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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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): | ACQUISITION OF VOTING RIGHTS FOLLOWING THE RECENT PLACING AND SUBSEQUENT CHANGE TO THE NUMBER OF VOTING RIGHTS IN ISSUE | √ |
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3. Full name of person(s) subject to the notification obligation: | Aviva plc & its subsidiaries |
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4. Full name of shareholder(s) (if different from 3.): | Registered Holder:
BNY Norwich Union Nominees Limited 3,490,697*
Chase (GA Group) Nominees Limited 22,774,964*
CUIM Nominee Limited 3,223,583* *denotes direct interest BNP Paribas - London 1,958,112 Chase Nominees Limited 6,491,382
State Street Nominees Limited 22,201,452
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5. Date of the transaction and date on which the threshold is crossed or reached: | 29 March 2010 |
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6. Date on which issuer notified: | 31 March 2010 |
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7. Threshold(s) that is/are crossed or reached: | 18% to 19% Change at Combined Interest Level |
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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 | 48,986,915 | 48,986,915 | 60,140,190 | 29,489,244 | 30,650,946 | 9.77% | 10.15% | ||||
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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 |
60,140,190 | 19.92% |
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 301,921,339 following the recent placing. | |
14. Contact name: | Neil Whittaker | |
15. Contact telephone number: | 01603 684420 | |