PRS REIT PLC (The) Holding(s) in Company (0392H)

TIDMPRSR TIDMAV.A

RNS Number : 0392H

PRS REIT PLC (The)

02 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       The PRS REIT Plc 
  the underlying 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 
-----------------------------------------------------------------------  ------------------------------------ 
 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)                                      Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                                 Registered Holder: 
  (if different from 3.):(iv) 
                                                                Chase (GA Group) Nominees 
                                                                Limited 14,967,541* 
 
                                                                Chase Nominees Limited 146,557* 
 
                                                                CUIM Nominee Limited 209,397* 
 
                                                                HSBC Global Custody Nominee 
                                                                (UK) Limited 5,449,709* 
 
                                                                State Street Nominees Limited 
                                                                1,444,545* 
                                                                * denotes direct interest 
                                                                Chase (GA Group) Nominees 
                                                                Limited 183,075 
                                                                Chase Nominees Limited 1,934,223 
                                                                State Street Nominees Limited 
                                                                3,329,393 
                                                                Vidacos Nominees Limited 1,241,796 
-------------------------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction                                     31 May 2017 
  and date on 
  which the threshold is crossed 
  or 
  reached: (v) 
-------------------------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                              01 June 2017 
-------------------------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are                                    <5% to 11% Change at Combined 
  crossed or                                                     Interest Level AND <3% to 
  reached: (vi, vii)                                             8% Change at Direct Interest 
                                                                 Level 
-------------------------------------------------------------  ---------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                Resulting situation after the 
  of               to the triggering                 triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  ----------------------------------------------------------- 
                  Number             Number         Number        Number of                  % of voting 
                   of                 of             of            voting                     rights (x) 
                   Shares             Voting         shares        rights 
                                      Rights 
---------------  -----------------  -------------  ------------  -------------------------  ------------------ 
                                                    Direct        Direct       Indirect      Direct   Indirect 
                                                                   (xi)         (xii) 
---------------   ----------------   ------------  ------------  -----------  ------------  -------  --------- 
 
 
 
  GB00BF01NH51                                                                  6,688,487              2.67% 
                                                   ------------               ------------           --------- 
 
  Below              Below 
  Threshold          Threshold                      28,906,236    22,217,749                 8.89% 
 -----------------  -------------  --------------  ------------  -----------  ------------  -------  --------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------- 
 Type of           Expiration         Exercise/                   Number of voting           % of voting 
  financial         date               Conversion                  rights that                rights 
  instrument        (xiii)             Period (xiv)                may be 
                                                                   acquired if 
                                                                   the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted. 
----------------  -----------------  --------------------------  -------------------------  ------------------ 
 
 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 28,906,236                11.56% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------- 
      The voting rights are managed and controlled by Aviva 
       Investors Global Services Limited with the following 
       chain of controlled undertakings:- 
 
       Aviva Investors Global Services Limited: 
        *    Aviva plc (Parent Company) 
 
 
        *    Aviva Group Holdings Limited (wholly owned subsidiary 
             of Aviva plc) 
 
 
        *    Aviva Investors Holdings Limited (wholly owned 
             subsidiary of Aviva Group Holdings Limited) 
 
 
        *    Aviva Investors Global Services Limited (wholly owned 
             subsidiary of Aviva Investors Holdings Limited) 
 
 Proxy Voting: 
-------------------------------------------------------------------- 
 10. Name of the proxy holder:                     See Section 4 
------------------------------------------------  ------------------ 
 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:      Figures are based on the total 

                                   number of voting rights of 
                                   250,000,000 as per the Company's 
                                   'First Dealings' announcement 
                                   of 31 May 2017. 
-------------------------------  ---------------------------------- 
 14. Contact name:                    Michael Dunhill, Aviva plc 
-------------------------------  ---------------------------------- 
 
 15. Contact telephone number:         01603 685988 
-------------------------------  ---------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 02, 2017 08:32 ET (12:32 GMT)