TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Berkeley Group Holdings plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to notification obligation: |
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4. Full name of shareholder(s) (if different from 3): |
1. Vidacos Nominees Limited 2. Euroclear Nominees Limited 3. Chase Nominees Limited 4. Credit Suisse Client 5. Nomura International 6. Bear Stearns Securities Corp |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
9 June 2009 |
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6. Date on which issuer notified: |
12 June 2009 |
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7. Threshold(s) that is/are crossed or reached: |
Each full percentage starting with 29% down up to 15% incl |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code GB00B02L3W35 |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary |
37,746,465 |
37,746,465 |
18,811,264 |
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18,811,264 |
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14.38% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
18,811,264 |
14.38% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Maan Abdulwahed Al-Sanea (MAS) is subject to a notification obligation pursuant to DTR 5.2.1(e) as a 'parent undertaking' of Saad Investments Company Ltd (SICL), the entity that indirectly holds 18,811,264 shares. SICL is 96.2% owned by Saadgroup Limited (SGL) which is wholly owned by Awal Trust Company Ltd (ATCL) as trustee of the Saad STAR Trust. SGL and ATCL are therefore subject to a notification obligation pursuant to DTR 5.2.1(e) as a 'parent undertaking' of SICL. |
Proxy Voting: |
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10. Name of proxy holder: |
N/A |
11. Number of voting rights proxy holder will cease to hold: |
N/A |
12. Date on which proxy holder will cease to hold voting rights: |
N/A |
13. Additional information: |
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14 Contact name: |
Richard Stearn |
15. Contact telephone number: |
01932 868555 |