Impax Environmental Markets Announcements

Holding(s) in Company

14 May 2008 16:20:17



RNS Number : 4626U Ricardo PLC 14 May 2008  
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For filings with the FSA include the annex
For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

RICARDO PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

YES

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

NO

An event changing the breakdown of voting rights

NO

Other (please specify):______________

N/A
3. Full name of person(s) subject to notification obligation:

IMPAX ASSET MANAGEMENT LIMITED

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

Impax Environmental Markets plc,
Impax Environmental Markets (Ireland) Fund, Parworld Environmental Opportunities Fund

5. Date of transaction (and date on which the threshold is crossed or reached if different):

03 SEPTEMBER 2007

6. Date on which issuer notified:

9 MAY 2008

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

5%
8: Notified Details
A: Voting rights attached to shares

Class/type of shares
If possible use 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
Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary
Shares
Gb0007370074

2,512,144

4.955%

2,547,144

NIL

2,547,144

NIL

5.024%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument
Expiration date
Exercise/ conversion period/date 
No. of voting rights that may be acquired (if the instrument exercised/converted)
Percentage of voting rights

NIL

Total (A+B)

Number of voting rights
Percentage of voting rights
2,547,144
5.024%

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

Impax Environmental Markets plc (1,468,295 shares 2.90%)
Impax Environmental Markets (Ireland) Fund  (677,562 shares 1.34%)
Parworld Environmental Opportunities Fund (401,287 shares 0.73%)

Proxy Voting:

10. Name of 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:
14 Contact name:

Compliance Officer
15. Contact telephone name:

+44 (0) 20 7434 1122

For notes on how to complete form TR-1 please see the FSA website. 
 
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Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

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