TEG.L Regulatory News (TEG)

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

No

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):

 Dilution of holding on share issue 

Yes

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:

29th June 2012

6. Date on which issuer notified:

3rd July 2012

7. Threshold(s) that is/are crossed or reached:

9%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

16,718,501

9.0674%

16,718,501

N/A

16,718,501

N/A

8.8739%

Ordinary Shares

IM00B28KLZ74

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

NIL

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

NIL

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,718,501

8.8739%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

 Impax Asian Environmental Markets Plc (10,271,767 Shares 5.4521%),

 Impax Asian Environmental Markets (Ireland) (5,071,414 Shares 2.6918%),

The Environment Agency Fund (1,375,320 Shares 0.7300%).

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 188,400,000 issued ordianry shares

14. Contact name:

Michael Knight

Compliance Officer

15. Contact telephone number:

+44 (0) 20 7434 1122