Holding(s) in Company

RNS Number : 6307W

Londonmetric Property Plc

29 January 2013

 



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				LondonMetric Property Plc
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					X (see 13 below)
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		ELECTRA PARTNERS LLP
4. Full name of shareholder(s)  (if different from 3.):iv		ELECTRA PRIVATE EQUITY PARTNERS 2006 SCOTTISH LP
5. Date of the transaction and date on which the threshold is crossed or reached: v		28 JANUARY 2013
6. Date on which issuer notified:		29 JANUARY 2013
7. Threshold(s) that is/are crossed or reached: vi, vii		BELOW 5%

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 xi

Indirect xii

Direct

Indirect

GB00B4WFW713 Ordinary 10p shares

30,000,000

30,000,000

30,000,000

-

30,000,000

-

4.19%

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

n/a

n/a

n/a

n/a

n/a

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

n/a

n/a

n/a

n/a

n/a

Nominal

Delta

n/a

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

30,000,000

4.19%  (see 13 below)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
-
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:	Electra Partners LLP is the Manager of Electra Private Equity Partners 2006 Scottish LP.  Following the all-share merger of London & Stamford Property Plc and Metric Property Investments Plc, Electra Private Equity Partners 2006 Scottish LP is interested in 30,000,000 Ordinary 10p Shares in LondonMetric Property PLC (4.19% of the existing share capital / total voting rights), having been previously interested in the same number of Ordinary 10p Shares in London & Stamford Property PLC. The registered holder of the shares is Paternoster Nominees Limited. The figure of 4.19% is based on an issued share capital / total voting rights of 716,617,815 Ordinary Shares.
14. Contact name:	PJ DYKE, ELECTRA PARTNERS LLP, MANAGER OF ELECTRA PRIVATE EQUITY PARTNERS 2006 SCOTTISH LP
15. Contact telephone number:	020 7214 4200

 

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