Flowgroup plc Holding(s) in Company (2478I)

TIDMFLOW TIDMAV.

RNS Number : 2478I

Flowgroup plc

15 June 2017

 
 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 IN NATURE : RETURN OF LOANED 
                                                                SHARES AND 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) 
                                                                       Chase (GA Group) Nominees 
                                                                       Limited 55,198,114* 
 
                                                                       *denotes direct interest 
 
                                                                       Chase Nominees Limited 2,369,469 
 
                                                                       Vidacos Nominees Limited 5,178,982 
--------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction                                      13 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
--------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer                                         15 June 2017 
  notified: 
--------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are                                     15% to 3% Change at Direct 
  crossed or                                                      Interest level (Box 8A) 
  reached: (vi, vii)                                              17% to <5% Change at Combined 
                                                                  Interest level (Box 8A) 
                                                                  17% to 3% Change at Direct 
                                                                  Interest level (Box 8A+B) 
                                                                  19% to <5% Change at Combined 
                                                                  Interest level (Box 8A+B) 
--------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 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                                62,746,565   55,198,114     7,548,451    3.88%      0.53% 
                                            ------------  ------------  ------------  --------  --------- 
                 62,746,565*   62,746,565* 
--------------  ------------  ------------  ------------  ------------  ------------  --------  --------- 
 
   * Includes Right to Recall Loaned Shares (7,000,000) 
--------------------------------------------------------------------------------------------------------- 
 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 
------------------------  ---------------------------- 
 62,746,565                4.41% 
------------------------  ---------------------------- 
 
 
 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 with the following 
      chain 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) 
 
 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 revised 

  13. Additional information:                       total number of voting rights 
                                                    of 1,423,583,793 as per the 
                                                    Company's Issue of Equity 
                                                    Announcement of 12 June 2017. 
------------------------------------------------  ------------------------------- 
 14. Contact name:                                     Neil Whittaker, Aviva plc 
------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                         01603 684420 
------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 15, 2017 11:28 ET (15:28 GMT)