REDDE PLC - Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

REDDE PLC

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):

Change to the number of voting rights in issue

-

3. Full name of person(s) subject to the notification obligation:

Aviva plc & its subsidiaries

4. Full name of shareholder(s)  (if different from 3.):

Registered Holder: BNY Norwich Union Nominees Limited   1,936,758*                                                               Chase (GA Group) Nominees Limited     35,110,966*                                                             *denotes direct interest                                                              Chase Nominees Limited                       1,073,242

5. Date of the transaction and date on which the threshold is crossed or reached:

01.09.16

6. Date on which issuer notified:

02.09.16

7. Threshold(s) that is/are crossed or reached:

13% to 12% Change at Combined Interest Level

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

GB00BLWFOR63

39,198,397

39,198,397

38,120,966

37,047,724

1,073,242

12.62%

0.37%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

38,120,966

12.99%

   

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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:
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:
13. Additional information:	Figures are based on a total number of voting rights of  293,539,370 as per the Company’s Total Voting Rights Announcement of 1 September 2016.
14. Contact name:	Nick Tilley
15. Contact telephone number:	01225 321218

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