Holding(s) in Company

RNS Number : 7679F

Globalworth Real Estate Inv Ltd

29 April 2014

 



For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Globalworth Real Estate Investments Limited
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) subject to the notification obligation: iii		York Capital Management Global Advisors, LLC
4. Full name of shareholder(s)  (if different from 3.):iv		York Global Finance Offshore BDH (Luxembourg) S.à r.l.
5. Date of the transaction and date on which the threshold is crossed or reached: v		24 April 2014
6. Date on which issuer notified:		25 April 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		10%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GG00B979FD04

0

0

4,243,800

4,243,800

10.19%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,243,800

10.19%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
York Capital Management Global Advisors, LLC is a SEC registered investment adviser. It controls York Global Finance Manager, LLC, which is the senior managing member of York Global Finance Offshore BDH, LLC, which is the 100% shareholder of York Global Finance Offshore BDH (Luxembourg) S.à.r.l, which in turn is the shareholder in the Issuer. The voting rights in the Issuer are ultimately controlled by York Capital Management Global Advisors, LLC. York Capital Management Global Advisors, LLC's investment decision-making process is generally not controlled by any single natural person.  Depending on the investment, one or more portfolio managers, analysts, principals or other senior investment professionals may be involved in the making of an investment decision, including whether to buy or sell or how to vote certain securities.
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:
14. Contact name:	Mark Schein
15. Contact telephone number:	+ 1 212 300 1300

 

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