Real Estate Credit Investments Ltd Notification of Major Interest in Shares (7335A)

TIDMRECI TIDMRECP TIDMTTM

RNS Number : 7335A

Real Estate Credit Investments Ltd

28 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Real Estate Credit Investments 
  the underlying issuer                                                   Limited 
  of existing shares to which                                         (SEDOL: B0HW536) 
  voting rights are 
  attached: 
-----------------------------------------------------------  -------------------------------- 
 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                            X 
------------------------------------------------------------  ------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ------------------------------- 
 3. Full name of person(s)                                     PREMIER FUND MANAGERS LIMITED 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                             24/03/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                27/03/2017 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                  8% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------------ 
 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 
                  Shares           Voting                                       rights 
                                   Rights 
--------------  ---------------  -----------------------------  ------------  -----------------------  ----------------------- 
                                                                 Direct        Direct        Indirect   Direct        Indirect 
--------------      -----------      -----------  ------------  ------------  ------------  ---------  ------------  --------- 
 
 
  GB00B0HW5366     6,434,099               6,434,099              6,434,099     6,434,099                  7.28% 
                ---------------  -----------------------------  ------------  ------------  ---------  ------------  --------- 
 
 
 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 
                                       Period                                     may be 
                                                                                  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                     % of voting 
 financial          price           date            Conversion      rights instrument                    rights 
 instrument                                         period          refers to 
----------------  ---------------  -------------  --------------  -----------------------------------  ----------------------- 
                                                                                                        Nominal     Delta 
----------------  ---------------  -------------  --------------  -----------------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ------------------------------------------------------------ 
 6,434,099                                                                                    7.28% 
----------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 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:                                   Percentage based on Issued 
                                                                     Share Capital of 
                                                                        88,365,110 
-------------------------------------------------------------  ---------------------------- 
 14. Contact name:                                                   Shehzad Chowdhury 
-------------------------------------------------------------  ---------------------------- 
 15. Contact telephone number:                                      [phone] 
-------------------------------------------------------------  ---------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 28, 2017 04:10 ET (08:10 GMT)