Green REIT PLC Holding(s) in Company (9772M)

TIDMGRN

RNS Number : 9772M

Green REIT PLC

19 October 2016

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the Central Bank of Ireland) 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying issuer of 
  existing shares to which voting rights are attached: 
  GREEN REIT PLC 
------------------------------------------------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify): 
------------------------------------------------------------------------------------- 
 3. Details of person subject to the notification obligation: 
 Name:                                  City and country of registered 
  GREEN PROPERTY HOLDINGS                office (if applicable): 
  LIMITED 
  GREEN PROPERTY REIT 
  VENTURES DAC 
-------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.): 
  N/A 
------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reached: 
  13 OCTOBER 2016 
------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: 
  18 OCTOBER 2016 
------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 
  4% 
------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification 
  obligation: 
------------------------------------------------------------------------------------- 
                     % of voting        % of voting       Total of       Total number 
                      rights attached    rights through    both in %      of voting 
                      to shares          financial         (9.A + 9.B)    rights of 
                      (total of          instruments                      issuer 
                      9.A)               (total of 
                                         9.B.1 + 9.B.2) 
------------------  -----------------  ----------------  -------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached         4.69%              N/A               4.69%          690,347,705 
------------------  -----------------  ----------------  -------------  ------------- 
 Position 
  of previous 
  notification 
  (if applicable)    3.50%              N/A               3.50% 
------------------  -----------------  ----------------  -------------  ------------- 
 
 
 9. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached: 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type            Number of voting rights              % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
-------------------- 
 
                              Direct            Indirect           Direct                   Indirect 
--------------------  --------------------  -------------  -------------------  ------------------------------ 
 IE00BBR67J55          32,378,009                           4.69% 
--------------------  --------------------  -------------  -------------------  ------------------------------ 
 
 
 SUBTOTAL 
  A                    32,378,009                           4.69% 
--------------------  --------------------  -------------  -------------------  ------------------------------ 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) 
  of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration            Exercise/      Number of voting                  % of voting 
  instrument            date                  Conversion     rights that                       rights 
                                              Period         may be acquired 
                                                             if the instrument 
                                                             is exercised/converted. 
--------------------  --------------------  -------------  --------------------------------  ----------------- 
 
 
 
                                             SUBTOTAL B.1 
                                            -------------  --------------------------------  ----------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Regulation 17(1)(b) of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of               Expiration            Exercise/      Physical             Number       % of voting 
  financial             date                 Conversion     or cash              of voting     rights 
  instrument                                 Period         settlement           rights 
--------------------  --------------------  -------------  -------------------  -----------  ----------------- 
 
 
 
                                                            SUBTOTAL 
                                                             B.2 
                                                           -------------------  -----------  ----------------- 
 
 
 
 10. Information in relation to the person subject to 
  the notification obligation (please tick the applicable 
  box): 
 
  [ ] Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer. 
 
  [X] Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entity: 
 Name                 % of voting       % of voting              Total of both 
                       rights if it      rights through           if it equals 
                       equals or is      financial instruments    or is higher 
                       higher than       if it equals             than the notifiable 
                       the notifiable    or is higher             threshold 
                       threshold         than the notifiable 
                                         threshold 
-------------------  ----------------  -----------------------  --------------------- 
 Green Property 
  Holdings Limited    1.30%                                      1.30% 
-------------------  ----------------  -----------------------  --------------------- 
 Green Property 
  REIT Ventures 
  DAC                 3.39%                                      3.39% 
-------------------  ----------------  -----------------------  --------------------- 
 
 
 
 
 11. In case of proxy voting: [name of the proxy holder] 
  will cease to hold [% and number] voting rights as of 
  [date] 
------------------------------------------------------------------------------------- 
 
 12. Additional information: 
  Green Property Holdings Limited is majority owned and 
  controlled by Mr. Stephen Vernon, Mr. Mark Munro, Mr. 
  Paul Culhane and Mr. Jim McKenna. Green Property REIT 
  Ventures DAC is majority owned and controlled by Mr. 
  Stephen Vernon and Mr. Pat Gunne. 
 
  The 9,482,718 ordinary shares have been issued to Green 
  Property REIT Ventures DAC pursuant to the terms of 
  an investment manager agreement entered into in July 
  2013, in full settlement of the performance fee payable 
  to Green Property REIT Ventures DAC in respect of the 
  financial year ended 30 June 2016. 
------------------------------------------------------------------------------------- 
 

Done at [place] on [date].

This information is provided by RNS

The company news service from the London Stock Exchange

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October 19, 2016 10:00 ET (14:00 GMT)