Holding(s) in Company
RNS Number : 1252H TEG Group (The) PLC 06 July 2012
| 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: | TEG Group Plc (The) |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
| An acquisition or disposal of voting rights | Yes | |
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
| An event changing the breakdown of voting rights | No | |
| Other (please specify): | No | |
| 3. Full name of person(s) subject to the notification obligation: | Impax Asset Management Limited |
| 4. Full name of shareholder(s) (if different from 3.): | Impax Environmental Markets Plc, Impax Environmental Markets Ireland, The Environment Agency Fund. |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 5th July 2012 |
| 6. Date on which issuer notified: | 6th July 2012 |
| 7. Threshold(s) that is/are crossed or reached: | 9% |
| 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 | |||
Ordinary shares | 16,718,501 | 8.8739% | 17,082,688 | N/A | 17,082,688 | N/A | 9.0659% |
| IM00B28KLZ74 | |||||||
| 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 |
| Nil | ||||
| 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 | |
| Nil | Nominal | Delta | ||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
17,082,688 | 9.0659% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| Impax Asian Environmental Markets Plc (10,495,522 Shares 5.5700%), Impax Asian Environmental Markets (Ireland) (5,181,887 Shares 2.7501%), The Environment Agency Fund (1,405,279 Shares 0.7458%). |
| Proxy Voting: | |
| 10. Name of the proxy holder: | N/A |
| 11. Number of voting rights proxy holder will cease to hold: | N/A |
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
| 13. Additional information: | Based on 188,428,648 issued ordinary shares |
| 14. Contact name: | Michael Knight Compliance Officer |
| 15. Contact telephone number: | +44 (0) 20 7434 1122 |
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