Porvair PLC Holding(s) in Company (8653V)

TIDMPRV TIDMIRSH

RNS Number : 8653V

Porvair PLC

12 August 2015

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                  Porvair Plc 
  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) subject 
  to the 
  notification obligation: (iii)                     M&G Investment Funds (3) 
-----------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                  STATE STREET NOMS LTD A/C GMIQ 
-----------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                      29 July 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                        30 July 2015 
-----------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                        13% - 12% 
-----------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  --------------------------------------------------------------------- 
                Number            Number              Number        Number of voting          % of voting rights 
                 of                of                  of shares     rights                    (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ------------------  ------------  ------------------------  ----------------------------- 
                                                      Direct        Direct         Indirect   Direct         Indirect 
                                                                     (xi)           (xii) 
-------------    -----  -------  ------  -----  ---  ------------  -------------  ---------  -------------  -------------- 
 GB0006963689      5,950,000          5,950,000        5,800,000     5,800,000        0          12.94%            0 
-------------  ----------------  ------------------  ------------  -------------  ---------  -------------  -------------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                       Number of voting            % of voting 
  instrument              date (xiii)      Conversion Period               rights that may             rights 
                                           (xiv)                           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 rights 
 financial         price           date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
---------------  --------------  -------------  -----------------  ----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
---------------  --------------  -------------  -----------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
 5,800,000                                                        12.94% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 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 holder will                         N/A 
  cease 
  to hold: 
------------------------------------------------------  --------------------------------- 
 12. Date on which proxy holder will cease to                          N/A 
  hold 
  voting rights: 
------------------------------------------------------  --------------------------------- 
 
                                           With reference to item 3, M&G Investments 
  13. Additional information:               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 12.94% holding being 
                                            disclosed in this notification is 
                                            encompassed in the 12.94% being disclosed 
                                            under The Prudential plc group of 
                                            companies and is NOT in addition to 
                                            it. 
----------------------------------------  ----------------------------------------------- 
 14. Contact name:                         Owen Smith / James Todd 
                                            M&G Investment Management Limited 
----------------------------------------  ----------------------------------------------- 
 15. Contact telephone number:             020 7004 4517 / 020 7548 2293 
----------------------------------------  ----------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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