25 Jun 2010 15:17

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Better Capital Limited | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): | ACQUISITION OF VOTING RIGHTS FOLLOWING THE RECENT OPEN OFFER | √ | ||
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:  BNY Norwich Union Nominees Limited 1,579,807*  Chase (GA Group) Nominees Limited 10,430,643* * denotes direct interest  Chase Nominees Limited 247,612  | |||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 24 June 2010 | |||
6. Date on which issuer notified: | 25 June 2010 | |||
7. Threshold(s) that is/are crossed or reached: vi, vii | 6% to 8% Change at Direct Interest Level | |||
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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 GG00B5885941 | 10,000,000 |
10,000,000 | 12,258,062 | 12,010,450 | 247,612 | 8.43% | 0.17% | |||||||||
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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 | ||||||||||||
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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  | |||||||||||
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| Â Â | Nominal | Delta | ||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
12,258,062 |
8.60% | |||||||||||||||
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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)    | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | See Section 4 | |
11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: | Â Figures are based on a total number of voting rights of 142,400,000. | |
14. Contact name: | Neil Whittaker | |
15. Contact telephone number: | 01603 684420 | |
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