Pennon Group Plc has received a notification from BlackRock, Inc. regarding a major holdings acquisition. The notification, dated 25th April 2024, states that BlackRock, Inc. now holds 3.07% of voting rights attached to shares and 2.78% of voting rights through financial instruments, totaling 5.85% of voting rights with a total of 16,773,301 voting rights held in the issuer. This is a decrease from the previous notification where BlackRock, Inc. held 5.13% of voting rights and 0.83% of voting rights through financial instruments, totaling 5.96% of voting rights.

The details of the resulting situation on the date the threshold was crossed or reached are as follows: 8A. Voting rights attached to shares - Class/Type of shares ISIN code: GB00BNNTLN49, Number of direct voting rights: 8,794,862, % of direct voting rights: 3.07%. 8B1. Financial Instruments - Type of financial instrument: Securities Lending, Number of voting rights that may be acquired if the instrument is exercised/converted: 7,934,573, % of voting rights: 2.77%. 8B2. Financial Instruments with similar economic effect - Type of financial instrument: CFD, Number of voting rights: 43,866, % of voting rights: 0.01%.

The notification also provides information in relation to the person subject to the notification obligation, including the 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. The ultimate controlling person is BlackRock, Inc., and it lists several controlled undertakings with varying percentages of voting rights.

This notification from BlackRock, Inc. to Pennon Group Plc is in compliance with the standard form for notification of major holdings and provides detailed information about the acquisition or disposal of voting rights.