National Storage Mechanism | Additional information

RNS Number : 9254G

Flowgroup plc

01 June 2017




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ			Flowgroup plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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 IN NATURE : SHARES LOANED OUT			√
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3.):^iv		Registered Holder: Chase (GA Group) Nominees Limited 48,198,114* *denotes direct interest Chase Nominees Limited 2,369,469 Vidacos Nominees Limited 5,178,982
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		31 May 2017
6. Date on which issuer notified:		01 June 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		18% to 17% Change at Combined Interest level (Box 8A) AND 16% to 15% Change at Direct Interest Level (Box 8A)

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

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 ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

Ordinary Shares

GB00B19H7076

62,746,565*

55,746,565

48,198,114

7,548,451

15.18%

2.38%

* Includes Right to Recall Loaned Shares (2,800,000)

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

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

% of voting
rights

RIGHT TO RECALL LOANED SHARES

N/A

7,000,000*

* Direct Interest

2.20%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
62,746,565	19.76%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
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: · Aviva plc (Parent Company) · Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) · Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) · Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings 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 317,529,078 as per the Company's Result of Open Offer & Result of General Meeting Announcement of 18 May 2015.
14. Contact name:	Michael Dunhill, Aviva plc
15. Contact telephone number:	01603 685988

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLFEERAILIID