Local Shopping REIT (The) PLC Holding(s) in Company (7459J)

TIDMLSR TIDMDIL2

RNS Number : 7459J

Local Shopping REIT (The) PLC

13 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                              The Local Shopping REIT 
  the 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                                ü 
-----------------------------------------------------------  ----------------------------------- 
 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                                           DAMILLE INVESTMENTS II LIMITED 
  notification obligation: 
  (iii) 
------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                          Pershing Nominees Limited 
  (if different from 3.):(iv)                             and Redmayne Nominee Limited 
                                                          (on behalf of Damille Investments 
                                                          II Limited) 
------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction 
  and date on                                              8 September 2016 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer 
  notified:                                                13 September 2016 
------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or                                               23% and 24% 
  reached: (vi, vii) 
------------------------------------------------------  ---------------------------------------- 
 
 
 
 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) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 GB00B1VS7G47   20,300,000       20,300,000       18,300,000     18,300,000     N/A           22.18%        N/A 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument          (xiii)         Period (xiv)                    may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 N/A                N/A            N/A                             N/A                            N/A 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting               % of voting 
 financial         price         date           Conversion        rights instrument              rights (xix, 
 instrument                      (xvii)         period            refers to                      xx) 
                                                (xviii) 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
 N/A              N/A            N/A            N/A                                             Nominal       Delta 
---------------  -------------  -------------  ---------------                                 ------------  --------- 
                                                                 N/A                            N/A           N/A 
-------------      -----------    -----------      -----------  -----------------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 18,300,000                                         22.18% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------- 
 
   Damille Investments II Limited holds 1.3 million shares 
   through Pershing Nominees Limited and 17 million shares 
   through Redmayne Nominee Limited 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                     N/A 
-------------------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy                                                 N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will                                               N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ----------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------  ----------------------------- 
 14. Contact name:                                        William Heaney 
                                                           Company Secretary 
                                                           The Local Shopping REIT plc 
-------------------------------------------------------  ----------------------------- 
 15. Contact telephone number:                            020 7355 8800 
-------------------------------------------------------  ----------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 13, 2016 12:16 ET (16:16 GMT)