8 Apr 2009 10:06
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Modern Water Plc
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: (NO)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (NO)
An event changing the breakdown of voting rights: (NO)
Other (please specify) : (YES) Transfer of FSA registration to a new entity within the group of companies controlled by or affiliated with the Tudor Group.
3. Full name of person(s) subject to the notification obligation (iii):
The Tudor Group (Tudor Capital Europe LLP)
The Tudor BVI Global Portfolio L.P.
4. Full name of shareholder(s) (if different from 3.) (iv):
LBPB Nominees Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
1 April 2009
6. Date on which issuer notified:
2 April 2009
7. Threshold(s) that is/are crossed or reached:
7%
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 (vi) | |
|
| Number of shares | Number of voting Rights (viii) |
| GB00B1XF5X66 | 4,201,681 | 4,201,681 |
Resulting situation after the triggering transaction (vii)
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights (ix) | % of voting rights | ||
|
| Direct | Direct (x) | Indirect (xi) | Direct | Indirect |
| GB00B1XF5X66 | 4,193,181 | 7.12% | |||
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
| Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/ Date (xiv) | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
| N/A |
Total (A+B)
| Number of voting rights | % of voting rights |
| 4,193,181 | 7.12% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
The Tudor BVI Global Portfolio L.P. is an investment fund advised by members of the Tudor Group of companies. The Tudor Group is making the disclosure on behalf of the investment manager.
The Tudor BVI Global Portfolio L.P. : 4,193,181 (7.12%)
Proxy Voting:
10. Name of the proxy holder:
N/A
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:
14. Contact name:
15. Contact telephone number:
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Identity of the person or legal entity subject to the notification obligation
| Full Name (including legal form for legal entities) | The Tudor Group |
| Contact address (registered office for legal entities) | c/o Tudor Capital Europe LLP Great Burgh Epsom Surrey KT18 5XT |
| Phone number | 020 8786 3900 |