Notification of major interest in shares

 

TIDMCCPL 
 
RNS Number : 8528T 
China Central Properties Limited 
12 June 2009 
 

+------------------------------------------+--+----------------------------------------+ 
| NOTIFICATION OF A MAJOR INTEREST IN SHARES PURSUANT TO ARTICLE 75.1(b)               | 
+--------------------------------------------------------------------------------------+ 
|                                             |                                        | 
+---------------------------------------------+----------------------------------------+ 
| 1. Identity of the issuer or the underlying | China Central Properties Limited       | 
| issuer                                      | ("CCP")                                | 
| of existing shares to which voting rights   |                                        | 
| are                                         |                                        | 
| attached:                                   |                                        | 
+---------------------------------------------+----------------------------------------+ 
| 2 Reason for the notification:           | An acquisition of voting rights           | 
+------------------------------------------+-------------------------------------------+ 
| 3. Full name of person(s) subject to the | Shui On Construction and Materials        | 
| notification obligation:                 | Limited ("SOCAM")                         | 
+------------------------------------------+-------------------------------------------+ 
| 4. Date of the transaction and date on   | 10 June 2009                              | 
| which the threshold is crossed or        |                                           | 
| reached:                                 |                                           | 
+------------------------------------------+-------------------------------------------+ 
| 5. Date on which issuer notified:        | 12 June 2009                              | 
+------------------------------------------+-------------------------------------------+ 
| 6. Threshold(s) that is/are crossed or   | 3%                                        | 
| reached:                                 |                                           | 
+------------------------------------------+--+----------------------------------------+ 
 
 
+----------------+------------------+----------------+------------------+------------------+----------------+ 
| 7. Notified details:                                                                                      | 
+-----------------------------------------------------------------------------------------------------------+ 
| Class/type of  | Situation previous                | Resulting situation after the triggering transaction | 
| shares         | to the triggering                 |                                                      | 
|                | transaction                       |                                                      | 
+                +-----------------------------------+------------------------------------------------------+ 
|                | Number         | Number           | Number         | Number of voting | % of voting      | 
|                | of             | of               | of shares      | rights           | rights           | 
|                | Shares         | Voting           |                |                  |                  | 
|                |                | Rights           |                |                  |                  | 
+                +                +                  +----------------+------------------+------------------+ 
|                |                |                  | Direct         | Direct           | Direct         | 
+----------------+----------------+------------------+----------------+------------------+----------------+ 
| Ordinary       | 0                | 0              | 147,785,492      | 147,785,492      | 52             | 
+----------------+------------------+----------------+------------------+------------------+----------------+ 
 
 
+----------------------------------------------------------------------------------------+ 
| 8. Price of acquisition                                                                | 
+----------------------------------------------------------------------------------------+ 
| The CCP shares were acquired pursuant to the offer for CCP by SOCAM for a              | 
| consideration of either 1.150 new SOCAM shares for each CCP share or 0.575 new SOCAM   | 
| shares and 32.50 pence in cash for each CCP share.                                     | 
+----------------------------------------------------------------------------------------+ 
 
 
+----------------------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the         | 
| financial instruments are effectively held, if applicable:                             | 
+----------------------------------------------------------------------------------------+ 
| There are 147,785,492 voting rights held by SOCAM and these CCP shares are still       | 
| registered in the names of former CCP shareholders. In addition, 120,588,000 CCP       | 
| shares are beneficially owned by Brilliance Investments Limited, a wholly-owned        | 
| subsidiary of SOCAM.                                                                   | 
+----------------------------------------------------------------------------------------+ 
 
 
For further information, please contact: 
 
 
+--------------------------------------------+------+---------------------+ 
| China Central Properties Limited           |      |                     | 
+--------------------------------------------+------+---------------------+ 
| Ms. Elaine Yuen, Company Secretary         |      |      [phone] | 
+--------------------------------------------+------+---------------------+ 
|                                            |      |                     | 
+--------------------------------------------+------+---------------------+ 
| Seymour Pierce Limited                     |      |                     | 
+--------------------------------------------+------+---------------------+ 
| Chris Howard / Mark Percy / Christopher    |      |    [phone] | 
| Wren                                       |      |                     | 
+--------------------------------------------+------+---------------------+ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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