Max Property Group PLC Holding(s) in Company (3719A)

TIDMMAX

RNS Number : 3719A

Max Property Group PLC

18 February 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                         Max Property Group plc 
  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                                           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) subject                       STC International Limited of No 2, 
  to the                                            The Forum, Grenville Street, St Helier, 
  notification obligation: (iii)                           Jersey, Channel Islands, JE1 1HH 
--------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s)                    Howick Holdings Inc, Kerry International 
  (if different from 3.):(iv)                            Investments Limited, Nome Holdings 
                                                        Limited, Munchkin Limited, Tenorite 
                                                       Investments Limited all of No 2, The 
                                                        Forum, Grenville Street, St Helier, 
                                                          Jersey, Channel Islands, JE1 1HH. 
 
                                                       All shares are held through Barclays 
                                                       Trust Channel Islands Limited acting 
                                                                                 as nominee 
--------------------------------------------  --------------------------------------------- 
 5. Date of the transaction and date                          Recent trade 11 February 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  --------------------------------------------- 
 6. Date on which issuer notified:                                         13 February 2014 
--------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                     5% 
--------------------------------------------  --------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                      Resulting situation after the triggering 
 of            to the triggering                       transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  --------------------------------------  ------------------------------------------------------------------ 
              Number            Number                Number     Number of voting         % of voting rights 
               of                of                   of          rights                   (x) 
               Shares            Voting               shares 
                                 Rights 
-----------  ----------------  --------------------  ---------  -----------------------  ------------------------------ 
                                                      Direct     Direct      Indirect     Direct           Indirect 
                                                                  (xi)        (xii) 
-----------    -----  -------  ------  ------  ----  ---------  ----------  -----------  ---------------  ------------- 
 Ordinary 
 shares       12,471,269        12,471,269                                   13,991,269                    6.36% 
             ----------------  --------------------  ---------  ----------  -----------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration       Exercise/                     Number of voting               % of voting 
  instrument            date (xiii)      Conversion Period             rights that may                rights 
                                         (xiv)                         be 
                                                                       acquired if the 
                                                                       instrument is 
                                                                       exercised/ converted. 
--------------------  ---------------  ----------------------------  -----------------------------  ------------------- 
 n/a 
--------------------  ---------------  ----------------------------  -----------------------------  ------------------- 
 
 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 rights 
 financial       price           date (xvii)     Conversion       rights instrument             (xix, xx) 
 instrument                                      period           refers to 
                                                 (xviii) 
-------------  --------------  --------------  ---------------  ----------------------------  ------------------------- 
 n/a                                                                                           Nominal        Delta 
-------------  --------------  --------------  ---------------  ----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  --------------------------------------------------------- 
 13,991,269                                                    6.36% 
------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------- 
          STC International Limited indirectly holds 11,155,889 (equivalent to 5.071%) 
           shares jointly with Novatrust Limited of No 2, The Forum, Grenville Street, 
            St Helier, Jersey, Channel Islands, JE1 1HH. These shares are held through 
       jointly wholly owned subsidiaries: Howick Holdings Inc, and Kerry International 
                                                                  Investments Limited. 
 
                 A further 2,835,380 shares (equivalent to 1.289%) are held indirectly 
          through the following wholly owned subsidiaries of STC International Limited 
                                                                                     ; 
 
                                                                Nome Holdings Limited, 
 
                                                                     Munchkin Limited, 
 
                                                         Tenorite Investments Limited. 
 
                                    Novatrust Limited is making a separate disclosure. 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                     n/a 
-------------------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy holder will                                     n/a 
  cease 
  to hold: 
-------------------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will cease to                                      n/a 
  hold 
  voting rights: 
-------------------------------------------------------  ----------------------------- 
 
 
  13. Additional information: 
-------------------------------------------  ----------------------------------------- 
 14. Contact name:                                                          Mark Lewis 
-------------------------------------------  ----------------------------------------- 
 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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