Scottish Investment Trust PLC Holding(s) in Company (9460K)

TIDMSCIN TIDMAV.

RNS Number : 9460K

Scottish Investment Trust PLC

27 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the                                   Scottish Investment Trust 
  underlying issuer                                                  Plc 
  of existing shares to which voting 
  rights are 
  attached: (ii) 
-----------------------------------------------------------------  ------------------------------------- 
 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 
--------------------------------------------------------------------  ---------------------------------- 
 Other (please 
  specify): 
-----------------------------------------------------------  -------  ---------------------------------- 
 3. Full name of person(s)                                      Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                              Registered Holder: 
 
                                                                      State Street Nominees Limited 
                                                                               11,466,065* 
 
                                                                      Available on Request 24,924* 
 
                                                                        *denotes direct interest 
 
                                                                      Chase Nominees Limited 21,910 
 
                                                                     Vidacos Nominees Limited 35,238 
-------------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                     23 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                        26 September 2016 
  notified: 
-------------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                    10% to 11% Change at Direct 
  crossed or                                                     Interest Level & 
  reached: (vi, vii)                                             10% to 11% Change at Combined 
                                                                 Interest Level. 
-------------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------- 
 Class/type          Situation previous              Resulting situation after the 
  of                  to the triggering               triggering transaction 
  shares              transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
------------------  ------------------------------  ---------------------------------------------------------- 
                     Number             Number       Number        Number of voting         % of voting 
                      of                 of           of            rights                   rights (x) 
                      Shares             Voting       shares 
                                         Rights 
------------------  -----------------  -----------  ------------  -----------------------  ------------------- 
                                                     Direct        Direct       Indirect    Direct   Indirect 
                                                                    (xi)         (xii) 
------------------  -----------------  -----------  ------------  -----------  ----------  -------  ---------- 
 
  Ordinary 
  Shares 
 
  GB0007826091       10,059,182         10,059,182   11,548,137    11,490,989   57,148      11.75%   0.06% 
                    -----------------  -----------  ------------  -----------  ----------  -------  ---------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration         Exercise/                  Number of voting         % of voting 
  instrument          date               Conversion                 rights that              rights 
                      (xiii)             Period (xiv)               may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
------------------  -----------------  -------------------------  -----------------------  ------------------- 
 
 
 
 
 
   C: Financial Instruments with similar economic effect 
   to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 11,548,137                11.81% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------ 
 The voting rights are managed and controlled by Aviva 
  Investors Global Services Limited and Friends Provident 
  International Limited, with the following chain of controlled 
  undertakings:- 
 
  Aviva Investors Global Services Limited: 
   *    Aviva plc (Parent Company) 
 
 
   *    Aviva Group Holdings Limited (wholly owned subsidiary 
        of Aviva plc) 
 
 
   *    Aviva Investors Holdings Limited (wholly owned 
        subsidiary of Aviva Group Holdings Limited) 
 
 
   *    Aviva Investors Global Services Limited (wholly owned 
        subsidiary of Aviva Investors Holdings Limited) 
 
 
 
  Friends Provident International Limited: 
   *    Aviva plc (Parent Company) 
 
 
   *    Aviva Group Holdings Limited (wholly owned subsidiary 
        of Aviva plc) 
 
 
   *    Aviva Life Holdings UK Limited (wholly owned 
        subsidiary of Aviva Group Holdings Limited) 
 
 
   *    Friends Life FPG Limited (wholly owned subsidiary of 
        Aviva Life Holdings UK Limited) 
 
 
   *    Friends Life FPL Limited (wholly owned subsidiary of 
        Friends Life FPG Limited) 
 
 
   *    Friends Life Limited (wholly owned subsidiary of 
        Friends Life FPL Limited) 
 
 
   *    Friends Life and Pensions Limited (wholly owned 
        subsidiary of Friends Life Limited) 
 
 
   *    Friends Provident International Limited (wholly owned 
        subsidiary of Friends Life and Pensions Limited) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                    See Section 4 
-----------------------------------------------  ----------------------------------- 
 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:                       Figures are based on a total 
                                                    number of voting rights of 

                                                    97,755,426, as per the Company's 
                                                    Transaction in Own Shares 
                                                    Announcement of 23 September 
                                                    2016. 
-----------------------------------------------  ----------------------------------- 
 14. Contact name:                                    Neil Whittaker, Aviva plc 
-----------------------------------------------  ----------------------------------- 
 15. Contact telephone number:                        01603 684420 
-----------------------------------------------  ----------------------------------- 
 
 
 
 Note: Annex should only be submitted to the FCA not 
  the issuer 
 Annex: Notification of major interests in share 
 
 A: Identity of the persons or legal entity subject to 
  the notification obligation 
-------------------------------------------------------- 
 Full name 
  (including legal form of 
  legal entities) 
------------------------------------------------------ 
 Contact address 
  (registered office for legal 
  entities) 
------------------------------------------------------ 
 Phone number & email 
------------------------------------------------------ 
 Other useful information 
  (at least legal representative 
  for legal persons) 
------------------------------------------------------ 
 
 B: Identity of the notifier, if applicable 
-------------------------------------------------------- 
 Full name 
------------------------------------------------------ 
 Contact address 
------------------------------------------------------ 
 Phone number & email 
------------------------------------------------------ 
 Other useful information 
  (e.g. functional relationship 
  with the person or legal 
  entity subject to the notification 
  obligation) 
------------------------------------------------------ 
 
 C: Additional information 
-------------------------------------------------------- 
 
 For notes on how to complete form TR-1 please see the 
  FCA website. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 27, 2016 06:15 ET (10:15 GMT)