Porvair PLC Holding(s) in Company (5106Y)

TIDMPRV TIDMPRU

RNS Number : 5106Y

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)                                   Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                          Prudential plc 
                                                                      M&G Group Limited 
                                                                         M&G Limited 
                                                                  M&G Investment Management 
                                                                           Limited 
                                                                   M&G Securities Limited 
----------------------------------------------------------  ---------------------------------- 
 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                % of voting 
                   of                 of                 of shares       voting                   rights (x) 
                   Shares             Voting                             rights 
                                      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) 
--------------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 4,923,000 (10.90%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 4,923,000 (10.90%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 4,923,000 (10.90%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 4,923,000 (10.90%) 
   M&G Securities Limited (wholly owned subsidiary of M&G 
   Limited) - 4,923,000 (10.90%) 
 
 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: 
--------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                         John Baker / Tamara Postoj 
                                                            M&G Investment Management Limited 
--------------------------------------------------------  ----------------------------------- 
 15. Contact telephone 
  number:                                                  020 7548 2561 / 020 7548 2433 
--------------------------------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 17, 2016 10:18 ET (14:18 GMT)