Holding in Company - TR1 notification

RNS Number : 5294B

Mountview Estates PLC

04 March 2014

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				MOUNTVIEW ESTATES P.L.C.
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					X
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		DUNCAN MORRALL SINCLAIR
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		11 FEBRUARY 2014
6. Date on which issuer notified:		3 MARCH 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		13%

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

298,626

298,626

538,383

538,383

13.8%

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

538,383

13.8%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Of the 298,628 shares held by Duncan Morrall Sinclair prior to the date of this form, 54,165 shares are held by Sinclair Estates Limited, a company controlled by Mr Duncan Sinclair.
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:	The 239,757 transferring shares transferred to Duncan Morrall Sinclair under Pamela Joyce Sinclair (his wife)'s will. The shares that were transferred constituted all of Pamela Joyce Sinclair's holdings in Mountview Estates P.L.C. Following this transfer, the executors of Pamela Joyce Sinclair's estate no longer have any interest in the shares of Mountview Estates P.L.C. Mr Sinclair's beneficial interest in Mountview Estates P.L.C. has not changed and remains as stated in the Report & Accounts for the year ended 31 March 2013.
14. Contact name:	Duncan Morrall Sinclair, Mountview Estates P.L.C.
15. Contact telephone number:	02089205777

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Duncan Morrall Sinclair
Contact address (registered office for legal entities)	Mountview Estates P.L.C. Mountview House 151 High Street Southgate London N14 6EW
Phone number & email	02089205777 [e-mail]
Other useful information (at least legal representative for legal persons)
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information
The 239,757 transferring shares transferred to Duncan Morrall Sinclair under Pamela Joyce Sinclair (his wife)'s will. The shares that were transferred constituted all of Pamela Joyce Sinclair's holdings in Mountview Estates P.L.C. Following this transfer, the executors of Pamela Joyce Sinclair's estate no longer have any interest in the shares of Mountview Estates P.L.C.  Mr Sinclair's beneficial interest in Mountview Estates P.L.C. has not changed and remains as stated in the Report & Accounts for the year ended 31 March 2013.
For notes on how to complete form TR-1 please see the FSA website.

 

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