Modern Water : Holding(s) in Company

RNS Number : 2721D

Modern Water PLC

18 February 2020

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in

Microsoft Word format if possible)i

1a. Identity of the issuer or the

Modern Water PLC

underlying issuer of existing shares to

which voting rights are attachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if

appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Morton PTC Limited as Trustee of The

Morton Family Trust (MFT), Hawk

Investment Holdings Limited (HIHL)

City and country of registered office (if

HIHL - St Peter Port, Guernsey

applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

Hawk Investment Holdings Limited

City and country of registered office (if

HIHL - St Peter Port, Guernsey

applicable)

5. Date on which the threshold was

17th February 2020

vi

crossed or reached :

6. Date on which issuer notified

17th February 2020

(DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation

% of voting

% of voting rights

Total number of

through financial

rights attached

Total of both in

instruments

voting rights of

to shares (total

% (8.A + 8.B)

(total of 8.B 1 +

issuervii

of 8. A)

8.B 2)

Resulting

situation on the

date on which

3.30%

3.30%

502,693,214

threshold was

crossed or

reached

Position of

previous

notification (if

applicable)

8. Notified details of the resulting situation on the date on which the threshold

was crossed or reachedviii

A: Voting rights attached to shares

Class/type of

Number of voting rightsix

% of voting rights

shares

ISIN code (if

Direct

Indirect

Direct

Indirect

(Art 9 of Directive

(Art 10 of Directive

(Art 9 of Directive

(Art 10 of Directive

possible)

2004/109/EC)

2004/109/EC)

2004/109/EC) (DTR5.1)

2004/109/EC)

(DTR5.1)

(DTR5.2.1)

(DTR5.2.1)

GB00B1XF5X66

16,600,000

(HIHL)

SUBTOTAL 8. A

16,600,000

3.30%

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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of			Exercise/	Number of voting
Expiration	rights that may be	% of voting
financial	Conversion	acquired if the
instrument	date	x	Periodxi	instrument is	rights
				exercised/converted.

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of	Expiration	Exercise/	Physical or		Number of	% of voting
financial	Conversion	cash
datex	xii	voting rights	rights
instrument	Period	xi	settlement

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest

in the (underlying) issuerxiii

Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person x or legal entityxiv (please add additional rows as necessary)

	% of voting rights	% of voting rights
	through financial	Total of both if it
	if it equals or is
Namexv	instruments if it	equals or is higher
higher than the
equals or is higher	than the notifiable
	notifiable
	than the notifiable	threshold
	threshold
	threshold
MFT as sole
shareholder of
HIHL. The Board of
Directors of the
Morton PTC are
Albany Directors
Limited, Mr Anthony
David Holt, Robert
Walter Morton	0	0	0
(RWM) and Susan
Margaret Howard
Morton (SMHM). The
adult beneficiaries of
MFT are SMHM,
RWM, Charles
Morton (CNM),
Edward Morton
(EGM) and Andrew
Morton (ARM).
HIHL	3.30%	0	3.30%

10. In case of proxy voting, please identify: Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

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Place of	Guernsey, Channel Islands
completion
Date of	17th February 2020
completion

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