South African Property Opps PLC Notification of Major Holdings (4978L)

TIDMSAPO

RNS Number : 4978L

South African Property Opps PLC

19 April 2018

Legal Entity Identifier: 213800MCRBNG3UHI1A31

SOUTH AFRICAN PROPERTY OPPORTUNTIES PLC

19 April 2018

 
 NOTIFICATION OF MAJOR HOLDINGS 
------------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                South African Property Opportunities 
  or the underlying issuer                                                  PLC 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ---------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
------------------------------------------------------------------------------------------------------- 
 Non-UK issuer                                                                                  X 
----------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                    X 
----------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
----------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
----------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               QVT Financial LP 
 City and country of registered                     Dover, Delaware, USA 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
------------------------------------------------------------------------------------------------------- 
 Name                                               QVT Fund LP, Quintessence 
                                                     Fund L.P. 
-------------------------------------------------  ---------------------------------------------------- 
 City and country of registered                     George Town, Grand Cayman, 
  office (if applicable)                             Cayman Islands 
-------------------------------------------------  ---------------------------------------------------- 
 5. Date on which the threshold                     Apr-17-2018 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ---------------------------------------------------- 
 6. Date on which issuer notified                   Apr-18-2018 
  (DD/MM/YYYY): 
-------------------------------------------------  ---------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
------------------------------------------------------------------------------------------------------- 
                               % of voting             % of voting          Total of       Total number 
                              rights attached        rights through         both in %       of voting 
                                 to shares              financial          (8.A + 8.B)      rights of 
                                 (total of             instruments                          issuer(vii) 
                                   8. A)                (total of 
                                                       8.B 1 + 8.B 
                                                           2) 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             Below 3%                   -                   Below 3%           62,292,810 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            26.78%                     -                   26.78% 
----------------------  -------------------------  ------------------  -----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type              Number of voting rights(ix)                    % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------------- 
                                  Direct                Indirect                   Direct                  Indirect 
                                 (Art 9 of              (Art 10 of                (Art 9 of               (Art 10 of 
                                 Directive              Directive                 Directive                Directive 
                               2004/109/EC)            2004/109/EC)              2004/109/EC)            2004/109/EC) 
                                 (DTR5.1)               (DTR5.2.1)                 (DTR5.1)               (DTR5.2.1) 
--------------------    -------------------------  ------------------  ------------------------------  --------------- 
 GB00B16GQJ90                                       Below 3%                                            Below 3% 
----------------------  -------------------------  ------------------  ------------------------------  --------------- 
 
 
 SUBTOTAL                                  Below 3%                                        Below 3% 
  8. A 
----------------------  ---------------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration               Exercise/           Number of voting                  % of voting 
  instrument              date(x)                  Conversion          rights that                       rights 
                                                   Period(xi)          may be acquired 
                                                                       if the instrument 
                                                                       is 
                                                                       exercised/converted. 
----------------------  -----------------------  ------------------  --------------------------------  --------------- 
 
 
 
                                                  SUBTOTAL 8. 
                                                   B 1 
                                                 ------------------  --------------------------------  --------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of               Expiration                 Exercise/         Physical               Number       % of voting 
  financial             date(x)                   Conversion        or cash                 of voting    rights 
  instrument                                      Period            settlement(xii)         rights 
                                                  (xi) 
--------------------  -------------------------  ----------------  ---------------------  -----------  --------------- 
 
 
 
                                                                    SUBTOTAL 
                                                                     8.B.2 
                                                                   ---------------------  -----------  --------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is                                X 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
---------------------------------------------------------------------  --------------------- 
        Name(xv)             % of voting          % of voting             Total of both 
                             rights if it        rights through            if it equals 
                             equals or is     financial instruments        or is higher 
                             higher than          if it equals          than the notifiable 
                            the notifiable        or is higher               threshold 
                              threshold        than the notifiable 
                                                    threshold 
------------------------  ----------------  -----------------------  ----------------------- 
 Weiss Asset 
  Management LP 
------------------------  ----------------  -----------------------  ----------------------- 
 Brookdale International 

  Partners, L.P. 
------------------------  ----------------  -----------------------  ----------------------- 
 
 Weiss Asset 
  Management LP 
------------------------  ----------------  -----------------------  ----------------------- 
 Brookdale Global 
  Opportunity 
  Fund 
------------------------  ----------------  -----------------------  ----------------------- 
 
 10. In case of proxy voting, please identify: 
-------------------------------------------------------------------------------------------- 
 Name of the proxy holder 
------------------------------------------  ------------------------------------------------ 
 The number and % of voting 
  rights held 
------------------------------------------  ------------------------------------------------ 
 The date until which the 
  voting rights will be held 
------------------------------------------  ------------------------------------------------ 
 
 11. Additional information(xvi) 
-------------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   New York, NY USA 
--------------------  ----------------- 
 Date of completion    Apr-18-2018 
--------------------  ----------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 19, 2018 08:00 ET (12:00 GMT)