Flow Traders N.V. - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 6046G

Flowgroup plc

30 May 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):
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 52,398,114* *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	26 May 2017
6. Date on which issuer notified:	30 May 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	19% to 18% Change at Combined Interest level (Box 8A) & 17% to 16% 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	62,526,560			62,526,560			59,946,565	52,398,114		7,548,451	16.50%			2.38%


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		N/A				2,800,000* * Direct Interest				0.88%

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


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

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