Local Shopping REIT (The) PLC Holding(s) in Company (2674D)

TIDMLSR TIDMSDR

RNS Number : 2674D

Local Shopping REIT (The) PLC

05 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                               Local Shopping REIT plc 
  the underlying issuer 
  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                                                 Type 1 Disclosure as per the Transparency       ü 
  specify):                                                    Directive II Regulation 
----------------------------------------------------  ------------------------------------------------------  ------- 
 3. Full name of person(s)                               Schroders plc 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------------------------------------------- 
 5. Date of the transaction                              1 July 2016 
  and date on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------  ------------------------------------------------------------- 
 6. Date on which issuer notified:                       4 July 2016 
------------------------------------------------------  ------------------------------------------------------------- 
 7. Threshold(s) that is/are                             Below 5% 
  crossed or 
  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                 % of voting 
                 of                of                of shares       voting                    rights (x) 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB00B1VS7G47   8,149,711         8,149,711         3,951,900         N/A      3,951,900          N/A         4.790% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 
 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) 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
                     3,951,900                                                     4.790% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------------- 
 
   Schroder & Co. Limited 76,900 0.093% 
   Schroder Investment Management Limited 3,875,000 4.697% 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  ------------------------------------- 
 
                                                                The shares referred to in 
  13. Additional information:                                   section 9 are held in portfolios 
                                                                managed by those firms on 
                                                                a discretionary basis for 
                                                                clients under investment 
                                                                management agreements. 
 
                                                                This disclosure has been 
                                                                calculated based on issued 
                                                                share capital amount of 82,505,853. 
-------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                              William Heaney 
                                                                 Company Secretary 
                                                                 The Local Shopping REIT plc 
-------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                  020 7355 8800 
-------------------------------------------------------------  ------------------------------------- 
 
 

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July 05, 2016 04:43 ET (08:43 GMT)