Holding(s) in Company (8004Y)

TIDMMHG TIDMDIVI

RNS Number : 8004Y

Merchant House Group PLC

06 March 2012

   TR-1i:               notification of major interests in shares 
 
 1. Identity of the issuer or the underlying         Merchant House Group 
  issuer of existing shares to which voting 
  rights are attachedii: 
---------------------------------------------  ------------------------------- 
 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 financial instruments which 
  may result in the acquisition of shares already issued 
  to which voting rights are attached 
----------------------------------------------------------------------  ------ 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------  ------ 
 Other (please specify): 
----------------------------------------------------------------------  ------ 
 3. Full name of person(s) subject to              The Diverse Income Trust 
  the notification obligation(iii) : 
---------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s) (if different    HSBC Global Custody Nominees 
  from 3.)iv:                                                 Ltd 
                                                  Account designation 727562 
---------------------------------------------  ------------------------------- 
 5. Date of the transaction (and date                      02/03/12 
  on which the threshold is crossed or 
  reached if different)v: 
---------------------------------------------  ------------------------------- 
 6. Date on which issuer notified:                         06/03/12 
---------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are crossed                       Above 6% 
  or reached: 
---------------------------------------------  ------------------------------- 
 8. Notified details: 
---------------------------------------------  ------------------------------- 
 
 
 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------- 
 Class/type        Situation previous            Resulting situation after the triggering transactionvii 
  of shares         to the Triggering 
  if possible       transaction vi 
  using the 
  ISIN CODE 
----------------  ----------------------------  ----------------------------------------------------------------- 
                   Number         Number         Number of        Number of voting           % of voting rights 
                    of Shares      of Voting      shares           rights (ix) 
                                   Rights 
                                   (viii) 
----------------  -------------  -------------  ---------------  -------------------------  --------------------- 
                                                 Direct           Direct     Indirect        Direct     Indirect 
                                                                   (x)        (xi) 
----------------  -------------  -------------  ---------------  ---------  --------------  ---------  ---------- 
  Ordinary 
   shares 
   GB0000577386     137,931,034    137,931,034    270,788,177                 270,788,177                6.85% 
----------------  -------------  -------------  ---------------  ---------  --------------  ---------  ---------- 
 
 
 B: Financial Instruments 
----------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction (xii) 
----------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/ Conversion   Number of voting   % of voting 
  instrument          date (xiii)    Period/ Date           rights that may    rights 
                                     (xiv)                  be acquired if 
                                                            the instrument 
                                                            is exercised/ 
                                                            converted. 
------------------  -------------  ---------------------  -----------------  ------------ 
 
 
 
 Total (A+B) 
--------------------------------------------- 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
 
  270,788,177               6.85% 
------------------------  ------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the financial instruments are effectively held, 
  if applicable (xv) : 
--------------------------------------------------------------- 
 
 
 
 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: 
------------------------------ 
 15. Contact telephone number: 
------------------------------ 
 

Annex Notification Of Major Interests In Shares (xvi)

 
 A: Identity of the person or legal entity subject to the notification 
  obligation 
------------------------------------------------------------------------- 
 Full name (including legal form for             Diverse Income Trust 
  legal entities) 
-------------------------------------------  ---------------------------- 
 Contact address (registered office               51, New North Road, 
  for legal entities)                              Beaufort House, 
                                                   Exeter, Devon, EX4 4EP 
-------------------------------------------  ---------------------------- 
 Phone number                                     01392 - 477638 
-------------------------------------------  ---------------------------- 
 Other useful information (at least               Contact - Emma Williams 
  legal representative for legal persons) 
-------------------------------------------  ---------------------------- 
 
 
 B: Identity of the notifier, if applicable (xvii) 
------------------------------------------------------------------------- 
 Full name                                        Emma Williams 
-------------------------------------------  ---------------------------- 
 Contact address                                  51, New North Road, 
                                                   Beaufort House, 
                                                   Exeter, Devon, EX4 4EP 
-------------------------------------------  ---------------------------- 
 Phone number                                     01392 - 477638 
-------------------------------------------  ---------------------------- 
 Other useful information (e.g. functional    For and on behalf of Capita 
  relationship with the person or legal          Sinclair Henderson ltd 
  entity subject to the notification               Company Secretary 
  obligation) 
-------------------------------------------  ---------------------------- 
 
 
 C: Additional information 
-------------------------- 
 
 

Notes

i This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.

ii Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate.

iii This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.

iv Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity referred to in DTR5.2.

v The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect.

These dates will usually be the same unless the transaction is subject to a condition beyond the control of the parties.

vi Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'.

(vii) If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.

(viii) Direct and indirect

(ix) In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank.

(X) Voting rights attached to shares in respect of which the notifying party is a direct shareholder (DTR 5.1)

(xi) Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1)

(xii) If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

(xiii) date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends.

(xiv) If the financial instrument has such a period-please specify the period- for example once every three months starting from the [date]

(xv) The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.

   (xvi)              This annex is only to be filed with the competent authority. 

(xvii) Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3.

This information is provided by RNS

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