Pennon Group Plc has received a notification from Impax Asset Management Group plc regarding an acquisition of voting rights. The notification, dated 11th January 2024, states that Impax Asset Management Group plc now holds 5.22% of voting rights attached to shares in Pennon Group Plc, totaling 13,630,464 voting rights. This represents an increase from the previous position of 4.74% of voting rights. Impax Asset Management Limited, a subsidiary of Impax Asset Management Group plc, is the investment manager with delegated voting rights on behalf of managed portfolios. The shares detailed in the notification are managed by Impax Asset Management Limited on behalf of underlying clients, who have delegated the exercise of the voting power to the investment managers.
The notification provides details of the person subject to the notification obligation, including the name, city, and country of registered office. It also outlines the total positions of the person subject to the notification obligation, the resulting situation on the date the threshold was crossed or reached, and information in relation to the person subject to the notification obligation. Additionally, it includes information about the 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.
The full notification can be accessed on the Pennon Group Plc website.