Holding(s) in Company (5571D)

TIDMNTA

RNS Number : 5571D

Northacre PLC

24 March 2011

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Northacre PLC, UK 
  underlying issuer of existing shares    ISIN Number GB0006877939 
  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): 
-----------------  ----------------------------------------------  ------ 
 
 
 
                                         Middle East Properties Companies 
                                           Limited, 
                                           Company Registered in British 
 3. Full name of person(s) subject         Virgin Islands 
  to the notification obligation:          ( Reg. No. 364485) 
-------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) (if 
  different from 3.): 
-------------------------------------  ---------------------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                            22(nd) March 2011 
-------------------------------------  ---------------------------------- 
 6. Date on which issuer notified:       23(rd) March 2011 
-------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                           7% 
-------------------------------------  ---------------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------- 
 Class/type of 
 shares if 
 possible        Situation previous 
 using the        to the triggering    Resulting situation after the triggering 
 ISIN CODE        transaction           transaction 
--------------  --------------------  ----------------------------------------------------- 
                             Number 
                 Number       of 
                  of          Voting   Number of   Number of voting       % of voting 
                  Shares      Rights   shares       rights                rights 
--------------  ----------  --------  ----------  ---------------------  ------------------ 
                                       Direct      Direct      Indirect   Direct   Indirect 
--------------  ----------  --------  ----------  ----------  ---------  -------  --------- 
 ISIN Number                 1,844, 
  GB0006877939   1,844,190    190      1,874,190   1,874,190              7.01% 
--------------  ----------  --------  ----------  ----------  ---------  -------  --------- 
 
 
 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 may     rights 
                                   Period       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    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
 Not                                                            Nominal   Delta 
 Applicable 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 1,874,190                 7.01% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------- 
 N/A 
 
 
 Proxy Voting: 
------------------------------------------ 
 10. Name of the proxy holder:         N/A 
------------------------------------  ---- 
 11. Number of voting rights proxy     N/A 
  holder will cease to hold: 
------------------------------------  ---- 
 12. Date on which proxy holder will   N/A 
  cease to hold voting rights: 
------------------------------------  ---- 
 
 
 13. Additional information:      N/A 
-------------------------------  ----------------- 
 14. Contact name:                Manish Santilale 
-------------------------------  ----------------- 
 15. Contact telephone number:    020 7349 8000 
-------------------------------  ----------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLFVIVTISFIL