AVEVA Group PLC Holding(s) in Company (3254K)

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RNS Number : 3254K

AVEVA Group PLC

20 September 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                Aveva Group 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                                 X 
------------------------------------------------------------  ------------------------------ 
 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)                                         Select Equity Group, L.P. 
  subject to the                                                              George Loening 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s)                                      Bank of New York Mellon 
  (if different from 3.):(iv)                                        Brown Brothers Harriman 
                                                                Credit Suisse Securities USA 
                                                                                         Inc 
                                                                              Northern Trust 
                                                                                State Street 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                                15 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                                   19 September 2016 
  notified: 
-----------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      5% 
-----------------------------------------------------------  ------------------------------- 
 
 
 
 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 voting        % of voting 
                 of                of                           of         rights                  rights (x) 
                 Shares            Voting                       shares 
                                   Rights 
--------------  ---------------  ---------------------------  ---------  ----------------------  ------------------------- 
                                                               Direct     Direct      Indirect    Direct        Indirect 
                                                                          (xi)         (xii) 
--------------      -----------      -----------  ----------  ---------  ----------  ----------  ------------  ----------- 
 
 
  GB00BBG9VN75                    3,330,061                                           3,186,414                 4.981% 
                ---------------  ---------------------------  ---------  ----------  ----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration       Exercise/                             Number of voting          % of voting 
  instrument          date             Conversion                            rights that               rights 
                      (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 
-----------------------------------------------------------------------  ------------------------------------------------- 
 3,186,414                                                                4.981% 
-----------------------------------------------------------------------  ------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
   George Loening is the ultimate majority owner of Select 
   Equity Group, L.P. The position that is the subject 
   of this disclosure is held through a number of funds 
   and managed accounts which are managed on a discretionary 
   basis by Select Equity Group, L.P. 
 
 Proxy Voting: 
---------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ------------- 
 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: 
-------------------------------------------------------------  ------------- 
 14. Contact name:                                                  Jo Horne 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  01223 556723 
-------------------------------------------------------------  ------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 20, 2016 06:10 ET (10:10 GMT)