Modern Water PLC Holding(s) in Company (1271R)

TIDMMWG

RNS Number : 1271R

Modern Water PLC

06 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                              Modern Water 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                           X 
------------------------------------------------------------  ----------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ----------------------------- 
 3. Full name of person(s)                                                 Hugh Easterbrook 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                                Hargreaves Lansdown Nominees 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                             16.11.16 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                                           17.11.16 
  notified: 
-----------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                     3% 
-----------------------------------------------------------  ------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation                          Resulting situation after the 
  of               previous                           triggering transaction 
  shares           to the triggering 
                   transaction 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ---------------------------------  ------------------------------------------------------------------- 
                  Number          Number             Number          Number of voting            % of voting 
                   of              of                 of shares       rights                      rights (x) 
                   Shares          Voting 
                                   Rights 
-------------    --------------  -----------------  --------------  --------------------------  ----------------------- 
                                                     Direct          Direct        Indirect      Direct      Indirect 
                                                                      (xi)          (xii) 
-------------      ------------    -------------    --------------  ------------  ------------  ----------  ----------- 
 GB00B1XF5X66     50,000          50,000             3,925,000       3,925,000                   4.937% 
                 --------------  -----------------  --------------  ------------  ------------  ----------  ----------- 
 
 
 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 
----------------------------------------------------------------  ----------------------------------------------------- 
 3,925,000                                                         4.937% 
----------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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:                                              Hugh Easterbrook 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                     020 7431 7989 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 06, 2016 11:48 ET (16:48 GMT)