Flowgroup plc Holding(s) in Company (8396N)

TIDMFLOW TIDMAV.

RNS Number : 8396N

Flowgroup plc

20 May 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                        Flowgroup plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------------------  ------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
------------------------------------------------------------------------------------------------------------- 
 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):                                                     CHANGE TO THE NUMBER OF VOTING RIGHTS 
                                                                IN ISSUE, FOLLOWING THE RECENT PLACING 
                                                                AND OPEN OFFER 
------------------------------------------------------------  ----------------------------------------------- 
 3. Full name of person(s)                                       Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
--------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s)                                       Registered Holder: 
  (if different from 3.):(iv) 
                                                                       BNY Norwich Union Nominees 
                                                                       Limited 5,827,379* 
 
                                                                       Chase (GA Group) Nominees 
                                                                       Limited 48,926,766* 
 
                                                                       Chase Nominees Limited 
                                                                       443,969* 
 
                                                                       Available Upon Request 
                                                                       213,256* 
 
                                                                       *denotes direct interest 
 
                                                                       BNY (Nominees) Limited 
                                                                       480,430 
 
                                                                       Chase Nominees Limited 2,455,778 
 
                                                                       Vidacos Nominees Limited 4,178,982 
--------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction                                      19 May 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
--------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer                                         20 May 2015 
  notified: 
--------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are                                     21% to 19% Change at Combined 
  crossed or                                                      Interest level & 18% to 17% 
  reached: (vi, vii)                                              Change at Direct Interest 
                                                                  Level 
--------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous        Resulting situation after the 
  of              to the triggering         triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------  ------------------------------------------------------------ 
                 Number       Number       Number        Number of                  % of voting 
                  of           of           of shares     voting                     rights (x) 
                  Shares       Voting                     rights 
                               Rights 
--------------  -----------  -----------  ------------  -------------------------  ------------------- 
                                           Direct        Direct        Indirect     Direct    Indirect 
                                                          (xi)          (xii) 
--------------  -----------  -----------  ------------  ------------  -----------  --------  --------- 
 
  Ordinary 
  Shares 
 
 
  GB00B19H7076                              62,526,560   55,411,370     7,115,190   17.45%     2.24% 
                                          ------------  ------------  -----------  --------  --------- 
                 50,836,112   50,836,112 
--------------  -----------  -----------  ------------  ------------  -----------  --------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of         Expiration   Exercise/                  Number of voting           % of voting 
  financial       date         Conversion                 rights that                rights 
  instrument      (xiii)       Period (xiv)               may be 
                                                          acquired if 
                                                          the 
                                                          instrument 
                                                          is 
                                                          exercised/ 
                                                          converted. 
--------------  -----------  -------------------------  -------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of         Exercise     Expiration   Exercise/     Number of voting           % of voting 
  financial       price       date          Conversion    rights instrument          rights (xix, 
  instrument                  (xvii)        period        refers to                  xx) 
                                            (xviii) 
--------------  -----------  -----------  ------------  -------------------------  ------------------- 
                                                                                    Nominal   Delta 
--------------  -----------  -----------  ------------  -------------------------  --------  --------- 
 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 62,526,560                19.69% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------ 
     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:- 
 
      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) 
 
 
 
      Friends Provident International Limited: 
       *    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: 
------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                     See Section 4 
------------------------------------------------  ---------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
------------------------------------------------  ---------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
------------------------------------------------  ---------------------------------- 
 
                                                   Figures are based on a total 
  13. Additional information:                       number of voting rights of 
                                                    317,529,078 as per the Company's 
                                                    Result of Open Offer & Result 
                                                    of General Meeting Announcement 
                                                    of 
                                                    18 May 2015. 
------------------------------------------------  ---------------------------------- 
 14. Contact name:                                     Neil Whittaker, Aviva plc 
------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                         01603 684420 
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This information is provided by RNS

The company news service from the London Stock Exchange

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