TR-1: Notifications of Major Interests in Shares |
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Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Real Estate Investors PLC |
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2: Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
no |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
no |
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An event changing the breakdown of voting rights |
yes |
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Other (please specify): |
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no |
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3. Full name of person(s) subject to the notification obligation: |
Standard Life Investments Ltd |
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4. Full name of shareholder(s) (if different from 3.): |
Vidacos Nominees |
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5. Date of the transaction (and date on which the threshold is crossed or reached): |
20 July 2011 |
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6. Date on which issuer notified: |
21 July 2011 |
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7. Threshold(s) that is/are crossed or reached: |
6%, 5% |
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8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of share If possible use ISIN code |
GB00B45XLP34 |
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Situation previous to the triggering transaction |
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Number of shares |
Number of voting rights |
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30,909,091 shares of 1p each (ISIN: GB00B014B855) |
30,909,091 |
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Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Percentage of |
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Direct |
Indirect |
Direct |
Indirect |
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3,090,909 |
3,090,909 |
– |
4.328% |
– |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired |
Percentage of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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3,090,909 |
4.328% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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39,909,091 ordinary shares of 1p each in Real Estate Investors plc (“REI”), representing 4.328% of the issued share capital, were acquired pursuant to a placing on 19 July 2011. On 20 July 2011, REI implemented a share consolidation on the basis of 1 ordinary share of 10p for every 10 ordinary shares of 1p each.
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14. Contact name:
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investments_mo@standardlife.com |
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15. Contact telephone number:
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(0131) 245 6565 |
END
HOLUNRVRABABUAR