REG - Pennon Group PLC Barclays PLC - Holding(s) in Company

PennonAnnouncement

13/02/2025 12:15

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RNS Number : 0562X  Pennon Group PLC  13 February 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BNNTLN49

Issuer Name

PENNON GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Barclays PLC

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 Name                                 City of registered office  Country of registered office
 Barclays Capital Securities Limited

5. Date on which the threshold was crossed or reached

11-Feb-2025

6. Date on which Issuer notified

13-Feb-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  0.000000                                              6.230000                                                                   6.230000                        17822591
 Position of previous notification (if applicable)                          0.000000                                              5.870000                                                                   5.870000

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BNNTLN49                                                                          2426                                                                             0.000000
 Sub Total 8.A                                2426                                                                                  0.000000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted
 Right to Recall               n/a              n/a                         4417178                                                            1.540000
 Sub Total 8.B1                                                             4417178                                                            1.540000%

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date          Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights
 CFD                           n/a                      n/a                         Cash                         3844503                  1.340000
 Equity Swap                   06/02/2026 - 14/09/2026  n/a                         Cash                         129814                   0.050000
 Portfolio Swap                26/05/2025 -22/11/2027   n/a                         Cash                         9428670                  3.300000
 Sub Total 8.B2                                                                                                  13402987                 4.690000%

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking       % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                               than the notifiable threshold
 Barclays PLC                 Barclays Bank PLC
 Barclays PLC                 Barclays Capital Securities Limited                                                                              6.220000                                                                    6.220000%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Full chain of controlled undertaking:

Barclays PLC

Barclays Bank PLC (100%)

Barclays Capital Securities Limited (100%)

12. Date of Completion

13-Feb-2025

13. Place Of Completion

London

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