Holding(s) in Company

RNS Number : 8503X
Quintain Estates & Development PLC
21 August 2009
 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Quintain Estates and Development plc


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:


Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):


See Section 9.

5. Date of the transaction and date on which the threshold is crossed or reached:


20 August 2009

6. Date on which issuer notified:


21 August 2009

7. Threshold(s) that is/are crossed or reached:


Direct/Indirect decrease to below 14%

  

8. Notified details:

A: Voting rights attached to shares


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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord 25Shares

18,329,943

18,329,943

17,214,301

17,214,301

878,873

13.236%

0.676%

GB0007184442


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Expiration
date

Exercise/ 
Conversion 
Period

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

Resulting situation after the triggering transaction


Type of financial
instrument

Exercise 
price

Expiration 
date

Exercise/
Conversion 

period

Number of voting 
rights instrument 
refers to

% of voting rights


 

 

 

 

 

Nominal

Delta


 

 


Total (A+B+C)


Number of voting rights

Percentage of voting rights

18,093,174

13.912%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

The direct holder of voting rights in the issuer relating to 15,415,027 shares (11.853%) is Gabriella Investments Limited (GIL). GIL is a controlled undertaking of Quill Securities Limited (QSL). QSL is therefore an indirect holder of voting rights in the issuer pursuant to DTR 5.2.1R(a). QSL is also now the direct holder of 1,592,554 (1.225%) voting rights in the issuer. 


QSL is a controlled undertaking of Uberior Ventures Limited (UVL). UVL is a controlled undertaking of Uberior Investments Plc (UIP). UIP is a controlled undertaking of Bank of Scotland plc (BOS). BOS is a controlled undertaking of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc.


HBOS plc, through other subsidiary companies, has a direct interest in the voting rights of a further 206,720 shares (0.158%) and an indirect interest in the voting rights of a further 878,873 shares (0.676%), giving HBOS plc and its subsidiaries a direct and indirect interest in the voting rights of 18,093,174 shares (13.912%).




Proxy Voting:


10. Name of the 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:


Notification using the Total Voting Rights figure of 130,052,034

14. Contact name:


Sue Dixon (Quintain Estates and Development plc)

15. Contact telephone number:


0207 478 9418



This information is provided by RNS
The company news service from the London Stock Exchange
 
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