Pennon Group PLCLSE: PNN

Pennon Group: Holding(s) in Company

· Issued by Pennon Group PLC via RNS

Summary by 6ix AI

Bank of America Corporation notified Pennon Group PLC that its total holding fell to 0.367549% of Pennon's voting rights on October 28, 2026, from 5.373451% in its previous notification, crossing a level at which holdings must be disclosed. Pennon Group PLC was notified on October 30, 2026.

Key details

  • The 0.367549% total, equal to 1734765 voting rights, is made up of 0.027959% through voting rights attached to shares and 0.339590% through financial instruments. The previous notification showed 3.215495% through shares and 2.157956% through financial instruments.
  • An instrument listed as a right to recall, a term for shares that can be called back from lending, covers 4800 voting rights (0.001017%).
  • Cash-settled swaps (contracts tracking the share price without owning the shares) cover 1598003 voting rights (0.338573%), expiring December 11, 2026, October 15, 2027 and April 18, 2028.
  • The interests are held through Bank of America, National Association, U.S. Trust Company of Delaware and BofA Securities, Inc., all controlled by Bank of America Corporation.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/holdings-in-company-2378

Watch Pennon's latest callPennon Group (LSE:PNN) Q4 2026 Earnings Call · Replay · Jun 10Read the transcript of Pennon Group (LSE:PNN) Q4 2026 Earnings Call
Pennon Group PLC
02 November 2026
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BNNTLN49

Issuer Name

PENNON GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Wilmington

Country of registered office (if applicable)

United States

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

28-Oct-2026

6. Date on which Issuer notified

30-Oct-2026

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

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

0.027959

0.339590

0.367549

1734765

Position of previous notification (if applicable)

3.215495

2.157956

5.373451

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BNNTLN49

43202

0.009153

US7083262029

88760

0.018806

Sub Total 8.A

131962

0.027959%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

Right to Recall

n/a

n/a

4800

0.001017

Sub Total 8.B1

4800

0.001017%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Swaps

11/12/2026

N/A

Cash

74270

0.015736

Swaps

15/10/2027

N/A

Cash

1220513

0.258593

Swaps

18/04/2028

N/A

Cash

303220

0.064244

Sub Total 8.B2

1598003

0.338573%

9. Information in relation to the person subject to the notification obligation

2. 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 (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Bank of America Corporation

Bank of America, National Association

Bank of America Corporation

U.S. Trust Company of Delaware

Bank of America Corporation

BofA Securities, Inc.

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

If date does not apply, explain below

11. Additional Information

12. Date of Completion

30-Oct-2026

13. Place Of Completion

London, United Kingdom

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END
 
 

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