Porvair PLC Holding(s) in Company (5109Y)

TIDMPRV

RNS Number : 5109Y

Porvair PLC

17 May 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       Porvair 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)                                   M&G Investment Funds (3) 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  -------------------------- 
 4. Full name of shareholder(s)                              STATE STREET NOMS LTD A/C 
  (if different from 3.):(iv)                                           GMIQ 
----------------------------------------------------------  -------------------------- 
 5. Date of the transaction                                         16 May 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  -------------------------- 
 6. Date on which issuer                                            17 May 2016 
  notified: 
----------------------------------------------------------  -------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                 11% - 10% 
----------------------------------------------------------  -------------------------- 
 
 
 
 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 shares      rights                 rights (x) 
                 Shares                      Voting 
                                             Rights 
-------------  --------------------------  ----------------  ------------  ---------------------  ------------------------- 
                                                              Direct        Direct     Indirect    Direct        Indirect 
                                                                            (xi)        (xii) 
-------------      ---------  -----------      ------------  ------------  ---------  ----------  ------------  ----------- 
 ORD GBP0.02 
 GB0006963689           5,000,000              5,000,000       4,923,000       0       4,923,000        0          10.90% 
-------------  --------------------------  ----------------  ------------  ---------  ----------  ------------  ----------- 
 
 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 
-------------------------------------------------------------  ------------------------------------------------------------ 
 4,923,000                                                      10.90% 
-------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 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:                                             N/A 
-------------------------------------------------------  --------------------------------------- 
 11. Number of voting rights proxy                                         N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  --------------------------------------- 
 12. Date on which proxy holder will                                       N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  --------------------------------------- 
 
 
  13. Additional information:                               With reference to item 3, 
                                                            M&G Investments Funds (3) 
                                                            is an Open Ended Investment 
                                                            Company (OEIC) and is not 
                                                            a Prudential group company 
                                                            and must be separately disclosed. 
                                                            This OEIC Fund is managed 
                                                            by M&G Investment Management 
                                                            Limited (a wholly owned subsidiary 
                                                            of Prudential plc) and will 
                                                            have been previously attributed 
                                                            to Prudential plc solely 
                                                            on the basis that M&G Investment 
                                                            Management Ltd has direct 
                                                            fund management control over 
                                                            the shares identified in 
                                                            this notification. 
 
                                                            Therefore the 10.90% holding 
                                                            being disclosed in this notification 

                                                            is encompassed in the 10.90% 
                                                            being disclosed under The 
                                                            Prudential plc group of companies 
                                                            and is NOT in addition to 
                                                            it. 
-------------------------------------------------------  --------------------------------------- 
 14. Contact name:                                        John Baker / Tamara Postoj 
                                                           M&G Investment Management 
                                                           Limited 
-------------------------------------------------------  --------------------------------------- 
                                                          020 7548 2561 / 020 7548 
 15. Contact telephone number:                             2433 
-------------------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 17, 2016 10:19 ET (14:19 GMT)