Real Estate Credit Investments Ltd Notification of Major Interest in Shares (3752Y)

TIDMRECI TIDMRECP TIDMTTM

RNS Number : 3752Y

Real Estate Credit Investments Ltd

02 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Real Estate Credit Investments 
  the underlying issuer                                                Ltd (B0HW536) 
  of existing shares to which 
  voting rights are 
  attached: 
-----------------------------------------------------------  -------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                 X 
------------------------------------------------------------  ------------------------------- 
 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)                                    Smith and Williamson Holdings 
  subject to the                                               Limited 
  notification obligation: 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                               N/A 
  (if different from 3.): 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                   01/03/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                      02/03/2017 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                    5% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the triggering transaction 
 of              to the triggering 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number         Number of voting           % of voting rights 
                 of               of               of shares      rights 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  -------------  -------------------------  --------------------------- 
                                                  Direct         Direct         Indirect    Direct        Indirect 
-------------      -----------    -----------    -------------  -------------  ----------  ------------  ------------- 
 GB00B0HW5366   3,640,446        3,640,446                                      3,684,196                 5.05% 
               ---------------  ---------------  -------------  -------------  ----------  ------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting             % of voting 
 financial           date           Conversion Period               rights that may be           rights 
 instrument                                                         acquired if the 
                                                                    instrument is 
                                                                    exercised/ converted. 
-----------------  -------------  ------------------------------  ---------------------------  ----------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting rights      % of voting rights 
 financial        price          date           Conversion       instrument refers to 
 instrument                                     period 
---------------  -------------  -------------  ---------------  ---------------------------  ------------------------- 
                                                                                              Nominal       Delta 
---------------  -------------  -------------  ---------------  ---------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 3,684,196                                          5.05% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------------  ------------------------------- 
 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: 
-------------------------------------------------------------  ------------------------------- 
 14. Contact name:                                              Ollie Amos 
                                                                Compliance Department 
                                                                Smith and Williamson Holdings 
                                                                Limited 
-------------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                  0207 131 4218 
-------------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 02, 2017 08:13 ET (13:13 GMT)