Holding(s) in Company

RNS Number : 0240F

Real Estate Investors PLC

16 April 2014

 



For filings with the FCA 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				Real Estate Investors plc (ISIN GB00B45XLP34)
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):	Share placing				X
3. Full name of person(s) subject to the notification obligation: iii		Resolution Limited
4. Full name of shareholder(s)  (if different from 3.):iv		See 9 below
5. Date of the transaction and date on which the threshold is crossed or reached: v		14/01/2014
6. Date on which issuer notified:		16/01/2014
7. Threshold(s) that is/are crossed or reached: vi, vii		Holding decreased below 6% and 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

Direct xi

Indirect xii

Direct

Indirect

GB00B45XLP34

4,969,257

4,969,257

4,969,257

4,969,257

4.46%

Ord £0.10

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

4,969,257

4.46%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Shares held by Vidacos Nominees Limited as a nominee for Friends Provident International Limited, which is wholly owned by Friends Life and Pensions Limited. Friends Life and Pensions Limited is a wholly owned subsidiary of Friends Life Limited, a wholly owned subsidiary of Friends Life FPL Limited, a wholly owned subsidiary of Friends Life FPG Limited, a wholly owned subsidiary of Friends Life Group plc, a wholly owned subsidiary of Resolution Holdings (Guernsey) Limited, a wholly owned subsidiary of Resolution Holdco No. 1 LP, which is 99.99% owned by Resolution Limited.
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 issued share capital figure of 111,420,598
14. Contact name:	Victoria Hames
15. Contact telephone number:	0845 641 7844 or 0845 641 7300

 

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