19 Feb 2016 17:20
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PENNON GROUP PLC
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FOR IMMEDIATE RELEASE
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HOLDING IN COMPANY
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NOTIFICATION OF MAJOR INTERESTS IN SHARES
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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PENNON GROUP PLC / GB00B18V8630
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2. Reason for the notification
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- Disposal of voting rights.
- Acquisition of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. Â
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)
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Registered Holder:
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BNY Norwich Union Nominees Limited 11,047*
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Chase (GA Group) Nominees Limited 122,770*
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State Street Nominees Limited 12,117,494*
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Available on request 27,385*
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* Denotes direct interest
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5. Date of the transaction and date on which the threshold is crossed or reached:
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18 February 2016
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6. Date on which issuer notified:
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19 February 2016
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7. Threshold(s) that is crossed: 3% to < 3% Change at Direct Interest level (section 8A)
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | |
 | Number of shares | Number of voting Rights |
GB00B18V8630 | 16,008,718 | 16,008,718 |
 |  |  |
Resulting situation after the triggering transaction
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Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
 |  | Direct | Indirect | Direct | Indirect  |
GB00B18V8630 | 12,278,696 | 12,278,696 | Not disclosable | 2.98% | Not disclosable |
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B: Financial Instruments
Resulting situation after the triggering transaction
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Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date  | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights    |
RIGHT TO RECALL LOANED SHARES | N/A | N/A | 1,204,338 | 0.29% |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
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Type of financial instrument  - | Exercise Price  - | Expiration Date   -  | Exercise / Conversion period  - | Number of voting rights Instrument refers to  - | % of voting rights    - |
 |  |  |  |  |  |
Total (A+B+C)
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Number of voting rights | % of voting rights |
13,483,034 | 3.27% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chains of controlled undertakings:
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Aviva Investors Global Services Limited:
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- 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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Friends Provident International Limited:
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- Aviva plc (Parent Company)
- Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
- Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
- Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)
- Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)
- Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)
- Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)
- Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)
Proxy Voting:
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10. Name of the proxy holder:
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See Section 4.
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11. Number of voting rights proxy holder will cease to hold:
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-
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12. Date on which proxy holder will cease to hold voting rights:
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-
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13. Additional information:
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 A: Identity of the person or legal entity subject to the notification obligation
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14. Contact Name: Neil Whittaker, Aviva plc
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15. Contact telephone number: 01603 684420
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B: Identity of the notifier
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Full name (including legal form for legal entities):
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Pennon Group Plc
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Contact address (registered office for legal entities):
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Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR
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Contact name Karen Senior - Assistant Company Secretary
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Phone number 01392 443060
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19 February 2016
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www.pennon-group.co.uk