SWEF: TR-1 Notification of Major Interest in Shares (830429)

 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: TR-1 Notification of Major Interest in Shares 
 
25-Jun-2019 / 11:58 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
TR-1: Standard form for notification of major holdings 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the 
relevant issuer and to the FCA in Microsoft Word format 
if possible)i 
 
1a. Identity of the           Starwood European Real Estate 
issuer or the underlying             Finance Limited 
issuer of existing 
shares to which voting 
rights are attachedii: 
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 
An acquisition or disposal of financial 
instruments 
An event changing the breakdown of voting rights 
Other (please specify)iii: Change of Controlled           X 
Undertaking Structure 
3. Details of person subject to the notification 
obligationiv 
Name                             FIL Limited 
City and country of              Pembroke, Bermuda 
registered office (if 
applicable) 
4. Full name of shareholder(s) (if different from 3.)v 
See Section 9 
Name 
City and country of 
registered office (if 
applicable) 
5. Date on which the             21 June 2019 
threshold was crossed or 
reachedvi: 
6. Date on which issuer          25 June 2019 
notified (DD/MM/YYYY): 
7. Total positions of person(s) subject to the 
notification obligation 
             % of      % of voting      Total  Total number 
            voting   rights through    of both of voting 
            rights      financial       in %   rights of 
            attach     instruments     (8.A +  issuervii 
            ed to   (total of 8.B 1 +   8.B) 
            shares       8.B 2) 
            (total 
            of 8. 
              A) 
Resulting   5.36%         0.00%         5.36%    413,219,398 
situation 
on the date 
on which 
threshold 
was crossed 
or reached 
Position of 5.28%         0.00%         5.28% 
previous 
notificatio 
n (if 
 
applicable) 
 
8. Notified details of the resulting situation on the date on 
which the threshold was crossed or reachedviii 
A: Voting rights attached to shares 
Class/type    Number of voting rightsix            % of voting rights 
of 
shares 
 
ISIN code 
(if 
possible) 
            Direct           Indirect          Direct      Indirect 
 
           (Art 9 of        (Art 10 of        (Art 9 of    (Art 10 
           Directive         Directive        Directive       of 
         2004/109/EC)      2004/109/EC)     2004/109/EC)   Directiv 
           (DTR5.1)         (DTR5.2.1)        (DTR5.1)        e 
                                                           2004/109 
                                                             /EC) 
                                                           (DTR5.2. 
                                                              1) 
GG00B79WC100                       22,183,463                       5.36% 
 
SUBTOTAL 8.                22,183,463                      5.36% 
A 
 
B 1: Financial Instruments according to Art. 13(1)(a) of 
Directive 2004/109/EC (DTR5.3.1.1 (a)) 
Type of       Expiration Exercise/         Number of voting         % of 
financial     datex      Conversion        rights that may be       votin 
instrument               Periodxi          acquired if the          g 
                                           instrument is            right 
                                                                    s 
 
                                           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   Expiration        Exercise/   Physical or cash      Number   % of 
of     datex             Conversion                        of       votin 
financ                   Period xi                         voting   g 
ial                                                        rights   right 
instru                               settlementxii                  s 
ment 
 
                                     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 
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) issuerxiii 
Full chain of controlled undertakings through             X 
which the voting rights and/or the 
financial instruments are effectively held 
starting with the ultimate controlling natural 
person or legal entityxiv (please add additional 
rows as necessary) 
 Namexv   % of voting rights if   % of     Total of both if it 
         it equals or is higher  voting    equals or is higher 
           than the notifiable   rights    than the notifiable 
                threshold        through        threshold 
                                 financi 
                                   al 
                                 instrum 
                                 ents if 
                                   it 
                                 equals 
                                  or is 
                                 higher 
                                  than 
                                   the 
                                 notifia 
                                   ble 
                                 thresho 
                                   ld 
FIL 
Limited 
FIL 
Holdings 
(UK) 
Limited 
FIL 
Investme 
nt 
Services 
(UK) 
Limited 
 
FIL 
Limited 
FIL 
Holdings 
(UK) 
Limited 
FIL      5.01%                   0.00%   5.01% 
Investme 
nts 
Internat 
ional 
 
FIL 
Limited 
FIL FUND 
MANAGEME 
NT 
(IRELAND 
) 
LIMITED 
 
10. In case of proxy voting, please identify: 
Name of the proxy    N/A 
holder 
The number and % of  N/A 
voting rights held 
The date until       N/A 
which the voting 
rights will be held 
 
11. Additional informationxvi 
 
N/A 
 
Place of completion Dublin 
Date of completion  25 June 2019 
 
Notes 
 
   i Please note that national forms may vary due to specific national 
   legislation (Article 3(1a) of Directive 2004/109/EC) as for instance the 
   applicable thresholds or information regarding capital holdings. 
 
 ii Full name of the legal entity and further specification of the issuer or 
 underlying issuer, provided it is reliable and accurate (e.g. address, LEI, 
   domestic number identity). Indicate in the relevant section whether the 
   issuer is a non UK issuer. 
 
   iii Other reason for the notification could be voluntary notifications, 
   changes of attribution of the nature of the holding (e.g. expiring of 
   financial instruments) or acting in concert. 
 
   iv This should be the full name of (a) the shareholder; (b) the natural 
  person or legal entity acquiring, disposing of or exercising voting rights 
  in the cases provided for in DTR5.2.1 (b) to (h)/ Article 10 (b) to (h) of 
   Directive 2004/109/EC; (c) all parties to the agreement referred to in 
 Article 10 (a) of Directive 2004/109/EC (DTR5.2.1 (a)) or (d) the holder of 
 financial instruments referred to in Article 13(1) of Directive 2004/109/EC 
   (DTR5.3.1). 
 
As the disclosure of cases of acting in concert may vary due to the specific 
   circumstances (e.g. same or different total positions of the parties, 
   entering or exiting of acting in concert by a single party) the standard 
form does not provide for a specific method how to notify cases of acting in 
   concert. 
 
 In relation to the transactions referred to in points (b) to (h) of Article 
   10 of Directive 2004/109/EC (DTR5.2.1 (b) to (h)), the following list is 
   provided as indication of the persons who should be mentioned: 
 
   - in the circumstances foreseen in letter (b) of Article 10 of that 
  Directive (DTR5.2.1 (b)), the natural person or legal entity that acquires 
  the voting rights and is entitled to exercise them under the agreement and 
   the natural person or legal entity who is transferring temporarily for 
   consideration the voting rights; 
 
   - in the circumstances foreseen in letter (c) of Article 10 of that 
   Directive (DTR5.2.1 (c)), the natural person or legal entity holding the 
   collateral, provided the person or entity controls the voting rights and 
   declares its intention of exercising them, and natural person or legal 
   entity lodging the collateral under these conditions; 
 
   - in the circumstances foreseen in letter (d) of Article 10 of that 
 Directive (DTR5.2.1 (d)), the natural person or legal entity who has a life 
   interest in shares if that person or entity is entitled to exercise the 
 voting rights attached to the shares and the natural person or legal entity 
   who is disposing of the voting rights when the life interest is created; 
 
   - in the circumstances foreseen in letter (e) of Article 10 of that 
   Directive (DTR5.2.1 (e)), the controlling natural person or legal entity 
   and, provided it has a notification duty at an individual level under 
   Article 9 (DTR 5.1), under letters (a) to (d) of Article 10 of that 
   Directive (DTR5.2.1 (a) to (d)) or under a combination of any of those 
   situations, the controlled undertaking; 
 
   - in the circumstances foreseen in letter (f) of Article 10 of that 
   Directive (DTR5.2.1 (f)), the deposit taker of the shares, if he can 
 exercise the voting rights attached to the shares deposited with him at his 
   discretion, and the depositor of the shares allowing the deposit taker to 
   exercise the voting rights at his discretion; 
 
   - in the circumstances foreseen in letter (g) of Article 10 of that 

  Directive (DTR5.2.1 (g)), the natural person or legal entity that controls 
   the voting rights; 
 
   - in the circumstances foreseen in letter (h) of Article 10 of that 
   Directive (DTR5.2.1 (h)), the proxy holder, if he can exercise the voting 
rights at his discretion, and the shareholder who has given his proxy to the 
   proxy holder allowing the latter to exercise the voting rights at his 
   discretion (e.g. management companies). 
 
v Applicable in the cases provided for in Article 10 (b) to (h) of Directive 
   2004/109/EC (DTR5.2.1 (b) to (h). This should be the full name of the 
   shareholder who is the counterparty to the natural person or legal entity 
  referred to in Article 10 of that Directive (DTR5.2) unless the percentage 
of voting rights held by the shareholder is lower than the lowest notifiable 
   threshold for the disclosure of voting rights holdings in accordance with 
   national practices (e.g. identification of funds managed by management 
   companies). 
 
  vi The date on which threshold is crossed or reached should be the date on 
  which the acquisition or disposal took place or the other reason triggered 
   the notification obligation. For passive crossings, the date when the 
   corporate event took effect. 
 
  vii The total number of voting rights shall be composed of all the shares, 
   including depository receipts representing shares, to which voting rights 
   are attached even if the exercise thereof is suspended. 
 
   viii If the holding has fallen below the lowest applicable threshold in 
 accordance with national law, please note that it might not be necessary in 
   accordance with national law to disclose the extent of the holding, only 
   that the new holding is below that threshold. 
 
   ix In case of combined holdings of shares with voting rights attached 
   "direct holding" and voting rights "indirect holding", please split the 
  voting rights number and percentage into the direct and indirect columns - 
   if there is no combined holdings, please leave the relevant box blank. 
 
x Date of maturity/expiration of the financial instrument i.e. the date when 
   right to acquire shares ends. 
 
   xi If the financial instrument has such a period - please specify this 
   period - for example once every 3 months starting from [date]. 
 
xii In case of cash settled instruments the number and percentages of voting 
   rights is to be presented on a delta-adjusted basis (Article 13(1a) of 
   Directive 2004/109/EC) (DTR 5.3.3.A). 
 
   xiii If the person subject to the notification obligation is either 
   controlled and/or does control another undertaking then the second option 
   applies. 
 
   xiv The full chain of controlled undertakings starting with the ultimate 
  controlling natural person or legal entity has to be presented also in the 
  cases, in which only on subsidiary level a threshold is crossed or reached 
  and the subsidiary undertaking discloses the notification as only thus the 
   markets get always the full picture of the group holdings. In case of 
multiple chains through which the voting rights and/or financial instruments 
 are effectively held the chains have to be presented chain by chain leaving 
 a row free between different chains (e.g.: A, B, C, free row, A, B, D, free 
   row, A, E, F etc.). 
 
   xv The names of controlled undertakings through which the voting rights 
   and/or financial instruments are effectively held have to be presented 
irrespectively whether the controlled undertakings cross or reach the lowest 
   applicable threshold themselves. 
 
   xvi Example: Correction of a previous notification. 
 
ISIN:          GG00B79WC100 
Category Code: HOL 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  11287 
EQS News ID:   830429 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

June 25, 2019 06:59 ET (10:59 GMT)