AVEVA Group PLC Holding(s) in Company (6590A)

TIDMAVV

RNS Number : 6590A

AVEVA Group PLC

27 March 2017

 
 
 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)                                    Aberdeen Asset Managers Limited 
  subject to the                                               (and/or acting for its affiliates) 
  notification obligation:                                     as discretionary investment 
  (iii)                                                        manager on behalf of multiple 
                                                               portfolios 
-----------------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction                                                                 23 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer                                                                    27 March 2017 
  notified: 
-----------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are                                                    Crossing below 11% voting 
  crossed or                                                                  rights attached to ordinary 
  reached: (vi, vii)                                                                               shares 
-----------------------------------------------------------  -------------------------------------------- 
 
 
 
 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) 
-------------      ------------    ------------  --------------  -----------  -------------  ------------  ----------- 
 GB00BBG9VN75      7,362,854        7,065,504       7,283,070                   6,985,720                     10.92% 
-------------  ----------------  --------------  --------------  -----------  -------------  ------------  ----------- 
 
 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. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 Aveva April 
  2017 PUT Option   21/04/2017                                        74,200                      0.12% 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 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                   % of voting 
 financial         price          date             Conversion        voting rights               rights (xix, 
 instrument                       (xvii)           period            instrument                  xx) 
                                                   (xviii)           refers to 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                  Nominal     Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 7,059,920                                          11.04% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
 
   Aberdeen Asset Management PLC 
   Aberdeen Asset Investment Group Limited 
   Aberdeen Asset Investments Limited (3.51%) 
 
   Aberdeen Asset Management PLC 
   Aberdeen Asset Managers Limited (7.53%) 
 
 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: 
-------------------------------------------------------------  ------------------------------------ 
 
                                                                This notification is due 
  13. Additional information:                                   to the voting rights threshold 
                                                                of ordinary shares held by 
                                                                Aberdeen Asset Managers Limited 
                                                                (and/or acting for its affiliates) 
                                                                as discretionary investment 
                                                                manager on behalf of multiple 
                                                                managed portfolios dropping 
                                                                below the 11% voting rights 

                                                                threshold. In total our combined 
                                                                voting rights position remains 
                                                                above 11% 
-------------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                              Ben Van Loon 
-------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                  01224 404090 
-------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 27, 2017 11:30 ET (15:30 GMT)