Sirius Real Estate Limited Holding(s) in Company (1468L)

TIDMSRE

RNS Number : 1468L

Sirius Real Estate Limited

20 December 2018

 
 For filings with the FSA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                               Sirius Real Estate Ltd 
  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                                              Distribution of Sirius Real Estate Ltd shares    Yes 
  specify):                                                 from a subsidiary to a shareholder 
---------------------------------------------------------  -----------------------------------------------  ---- 
 3. Full name of person(s) subject                                      Homestead Group Holdings Ltd 
  to the 
  notification obligation: (iii) 
                                                            ---------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                            ---------------------------------------------------- 
 5. Date of the transaction and date                                             12/12/2018 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                                            ---------------------------------------------------- 
 6. Date on which issuer notified:                                               20/12/2018 
                                                            ---------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                 8% 
                                                            ---------------------------------------------------- 
 
 
 
 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) 
                 -----------    -----------    --------------  -------------  -----------  ------------  ------------- 
 
    ISIN 
  GG00B1W3V   85,593,654       85,593,654       80,212,188      14,118,534     66,093,654   1.40%         6.55% 
             ---------------  ---------------  --------------  -------------  -----------  ------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of          Expiration     Exercise/                        Number of voting              % of voting 
 financial         date (xiii)    Conversion Period                rights that may               rights 
 instrument                       (xiv)                            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        Exercise       Expiration     Exercise/         Number of voting              % of voting rights 
 financial       price         date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                   period             refers to 
                                              (xviii) 
               -------------  -------------  ----------------  ----------------------------  ------------------------- 
                                                                                              Nominal       Delta 
               -------------  -------------  ----------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
 Number of voting rights                          Percentage of voting rights 
                                                 --------------------------------------------------------------------- 
 80,212,188                                       7.93% 
                                                 --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
 Homestead Group Holdings Ltd - 14,118,534 shares held directly 
  Homestead owns 100% of Mstead Limited; Mstead Limited - 58,579,687 shares 
  held 
  Homestead owns 91% of PDI Investment Holdings Ltd; PDI Investment Holdings 
  Ltd - 7,513,967 shares held 
 
 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:                                                   Percentage based on Issued Share 
                                                                                           Capital of 
                                                                                          1,011,541,826 
 14. Contact name:                                                                       MR LOUIS NORVAL 
                                                                               ---------------------------------- 
 15. Contact telephone number:                                                          [phone] 
                                                                               ---------------------------------- 
 
 

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December 20, 2018 07:30 ET (12:30 GMT)