Holding(s) in Company

15th April 2014
RNS Number : 8956E
Real Estate Investors PLC
15 April 2014
 

 


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Real Estate Investors

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

An acquisition or disposal of voting rights

Yes

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


Other (please specify):



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

Ruffer LLP (for its discretionary clients)

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


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

14 April 2014

6. Date on which issuer notified:

15 April 2014

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

12% to 14%



 

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

 

 

 

GB00B45XLP34

   

 8,690,716

 

    

 

 8,690,716

 

 

 

   15,598,883

 

 

15,598,883

 

–

14%

–



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

15,598,883

14%



 

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

 

N/A


Proxy Voting:

10. Name of the proxy holder:

N/A

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:


Ruffer LLP now controls the voting rights over 15,598,883 shares (14% of the voting rights) of Real Estate Investors which are held by Ruffer LLP’s discretionary clients.

 

This change from 12% to 14% is due to a recent placing of 40,000,000 shares in which Ruffer purchased 6,908,167 new shares. The new shares were admitted to the market on 14 April 2014.

 

14. Contact name:

Louise Stanway

15. Contact telephone number:

020 7963 8146

 

This information is provided by RNS
The company news service from the London Stock Exchange
 

END

 
 

HOLUVOORSAASAAR