Northacre PLC Holding(s) in Company (6369U)

TIDMNTA

RNS Number : 6369U

Northacre PLC

02 January 2013

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                NORTHACRE 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                                                   DAMAC INVEST CO. LLC 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ----------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                               *    Middle East Properties Companies Limited 
 
 
                                                                               *    Sahrifa Jawad Abdulla 
 
 
                                                                           *    Adil Mohammed Hassan Taqi 
 
 
                                                                                           *    Al Nudhra 
--------------------------------------------  ----------------------------------------------------------- 
 5. Date of the transaction and date                                                     14 December 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ----------------------------------------------------------- 
 6. Date on which issuer notified:                                                       31 December 2012 
--------------------------------------------  ----------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                  27% 
--------------------------------------------  ----------------------------------------------------------- 
 
 
 
 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 shares     rights                    (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  -----------------  ------------  ------------------------  ------------------------------ 
                                                     Direct        Direct        Indirect    Direct           Indirect 
                                                                    (xi)          (xii) 
-------------    -----  -------  ------  -----      ------------  ------------  ----------  ---------------  ------------- 
 Ordinary 
 shares 
 of 2.5 pence 
 
 ISIN 
 GB0006877939   7,395,900         7,395,900          1,328,900     1,328,900     5,727,000   4.97%            21.43% 
               ----------------  -----------------  ------------  ------------  ----------  ---------------  ------------- 
 
 
 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. 
----------------------  ---------------  -----------------------------  -----------------------------  ------------------- 
 Not Applicable 
----------------------  ---------------  -----------------------------  -----------------------------  ------------------- 
 
 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) 
---------------  --------------  -------------  ----------------  -----------------------------  ------------------------- 
 Not Applicable                                                                                   Nominal        Delta 
---------------  --------------  -------------  ----------------  -----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------------- 
 7,055,900                                                       26.40% 
--------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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: 
---------------------------------------------------  --------------------------- 
 
                                                                             N/A 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                              Mr Mohamed Kokar 
----------------------------------------  -------------------------------------- 
 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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