6 Mar 2013 07:19

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Â Modern Water Plc |
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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): |
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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: Â | Â Â 05 March 2013 |
7. Threshold(s) that is/are crossed or reached: vi, vii  |   0% to 5% |
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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%  | - |
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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. Â | % of votingrights |
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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  | |||||
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Total (A+B+C) Â | |
Number of voting rights | Percentage of voting rights |
 4,000,000 |  5% |
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi |
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Proxy Voting: Â | |
10. Name of the proxy holder: Â | Â N/A |
11. Number of voting rights proxy holder will cease to hold: Â | |
12. Date on which proxy holder will cease to hold voting rights: Â |
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13. Additional information: Â | 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. Â 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: Â | Â Â Louise Stanway |
15. Contact telephone number: Â | Â Â 020 7963 8146 |
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