Dee Valley : TR-1 notification from PFS Chelverton UK Equity Income Fund

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Dee Valley Group plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights (shares in issue increased)

X

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

PFS Chelverton UK Equity Income Fund

4. Full name of shareholder(s)

(if different from 3.):iv

Northern Trust CI01

5. Date of the transaction and date on

which the threshold is crossed or reached: v

25 February 2015

6. Date on which issuer notified:

25 February 2015

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

3%

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

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights x

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Direct

Direct xi

Indirect

xii

Direct

Indirect

Ordinary Shares

5p

ISIN: GB0031798449

129,500

129,500

129,500

2.80%

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

129,500

2.80%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

PFS Chelverton UK Equity Income Fund holds

2.80% and in total the funds managed by Chelverton Asset Management hold 3.61% of Dee Valley Group plc.

14. Contact name:

William van Heesewijk

15. Contact telephone number:

+44 (0) 207 222 8989