Redde Plc Holding(s) in Company

 
TIDMREDD 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
1. Identity of the issuer or the underlying issuer                                                         REDDE PLC 
of existing shares to which voting rights are 
attached: 
 
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                                              Change to the number of voting rights in issue     - 
specify): 
 
3. Full name of person(s) subject to the                                                Aviva plc & its subsidiaries 
notification obligation: 
 
4. Full name of shareholder(s)                 Registered Holder: 
 (if different from 3.): 
                                               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                                                                      01.09.16 
which the threshold is crossed or 
reached: 
 
6. Date on which issuer notified:                                                                           02.09.16 
 
7. Threshold(s) that is/are crossed or                                  13% to 12% Change at Combined Interest Level 
reached: 
 
8. Notified details: 
 
A: Voting rights attached to shares 
 
Class/type of    Situation previous           Resulting situation after the triggering transaction 
shares           to the triggering 
                 transaction 
if possible 
using            Number        Number         Number            Number of voting             % of  voting rights 
the ISIN CODE    of            of             of shares         rights 
                 Shares        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       Expiration  Exercise/                            Number of voting            % of voting 
instrument              date        Conversion Period                    rights that may be          rights 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
 
C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial   Exercise   Expiration      Exercise/            Number of voting rights       % of voting rights 
    instrument        price      date     Conversion period         instrument refers to 
 
                                                                                                 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 
 
 
 
 
END 
 

(END) Dow Jones Newswires

September 05, 2016 04:33 ET (08:33 GMT)