6 Mar 2013 07:19
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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 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 | ||
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): |
| |
3. Full name of person(s) subject to the notification obligation: iii
|
Ruffer LLP (for its discretionary clients) |
4. Full name of shareholder(s) (if different from 3.):iv
| |
5. Date of the transaction and date on which the threshold is crossed or reached: v
|
04 March 2013 |
6. Date on which issuer notified:
|
05 March 2013 |
7. Threshold(s) that is/are crossed or reached: vi, vii
|
0% to 5% |
8. Notified details: viii, ix | |||||||
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 rightsx | |||
Direct | Direct xi | Indirectxii | Direct | Indirect | |||
GB00B1XF5X66 | 0 | 0 | 4,000,000 | 4,000,000 | - |
5%
| - |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate xiii | Exercise/ConversionPeriod xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate xvii | Exercise/Conversionperiod xviii | Number of votingrights instrumentrefers to | % of voting rights xix, xx
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
4,000,000 | 5% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi |
|
Proxy Voting:
| |
10. Name of the proxy holder:
|
N/A |
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:
| Ruffer LLP now controls the voting rights over 4,000,000 shares (5% of the voting rights) of Modern Water Plc, which are held by Ruffer's discretionary clients.
This change from 0% to 5% is due Ruffer purchasing 4,000,000 shares in a recent placing of 18,419,950 shares. The new shares were admitted to the market on 04 March 2013. |
14. Contact name:
|
Louise Stanway |
15. Contact telephone number:
|
020 7963 8146 |