Savills plc (the "Company")
TR 1 Notification of Major Interest in Shares
The Company received notice on 13 March 2013 from Artisan Partners Limited Partnership, in fulfilment of the obligations imposed by the Financial Services Authority in accordance with Disclosure and Transparency Rule 5, that pursuant to corporate restructuring, indirect acquisition of shares in the issuer to which voting rights are already attached by the new general partner of Artisan Partners Holdings LP. Artisan Partners Limited Partnership's interest remains unchanged.
Resulting situation after the triggering transaction
|
||||
Number of shares |
Number of voting rights |
% of voting rights |
||
Direct |
Indirect |
Direct |
Indirect |
|
14,699,703 |
- |
14,699,703 |
- |
11.0 |
The controlled undertakings through which the voting rights are effectively held are:
Artisan Partners Limited Partnership ("APLP"), a US registered investment adviser, is a limited partnership organised under the laws of the State of Delaware on 26 March 2009. Control of APLP is vested in its general partner, Artisan Investments GP LLC, a limited liability company organized under the laws of the State of Delaware on 26 March 2009. Artisan Partners Holdings LP is the sole member of Artisan Investments GP LLC, and is the sole limited partner of Artisan Partners Limited Partnership. Control of Artisan Partners Holdings LP (formerly named Artisan Partners Limited Partnership) is vested in its general partner, Artisan Partners Asset Management Inc. ("APAM"), a Delaware corporation. Pursuant to a Stockholders' Agreement dated March 12, 2013, entered into between certain shareholders of APAM, control of APAM is vested in Artisan Investment Corporation, a corporation organized under the laws of the State of Wisconsin. All of the outstanding stock of Artisan Investment Corporation is owned by ZFIC, Inc., a corporation organized under the laws of the State of Wisconsin. Andrew A. Ziegler and Carlene M. Ziegler each own 50% of the voting stock of ZFIC, Inc. APLP, pursuant to advisory contracts, has the power to purchase and sell securities on behalf of its clients and the power to vote for most clients. Persons other than APLP are entitled to receive all dividends from, and proceeds from the sale of, all of the securities reported hereunder.
Artisan International Value Fund ("ARTIV"), is a series of Artisan Partners Funds Inc., a US registered investment company. Certain officers and a director of Artisan Funds, Inc. are employees of APLP. APLP pursuant to its advisory contract with ARTIV has the power to purchase and sell securities on behalf of ARTIV and to vote for ARTIV. ARTIV, as of March 12 2013, was interested in 10,156,828 shares, representing 7.6% of the 11.0% disclosed above, of Savills plc.
As at 13 March, the Company has 133,476,381 ordinary shares, which is equal to the same number of voting rights.
Name of contact and telephone number for enquiries:
Chris Lee, Group Company Secretary
Tel: 020 3107 5431