Holding(s) in Company

15th April 2015
RNS Number : 3581K
Real Estate Investors PLC
15 April 2015
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST  IN SHARES

 

 

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

Real Estate Investors Plc

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:

Ruffer LLP (for its discretionary clients of the Ruffer Group)

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

 

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

14 April 2015

6. Date on which issuer notified:

15 April 2015

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

14% to 11%
         

 

 

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

 

 

 

GB00B45XLP34

 

15,598,883

 

 

15,598,883

 

20,598,883

20,598,883

–

11%

–

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

 

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

20,598,883

11%
                                 

 

 

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

 

 

 

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 20,598,883 shares (11% of the voting rights) of Real Estate Investors Plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP).

This change from 14% to 11% is due to a recent placing of 75,000,000 shares in which Ruffer LLP purchased 5,000,000 new shares. The new shares were admitted to the market on 14 April 2015.

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

 
 

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