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: |
Invista Foundation Property Trust Limited |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
Disclosure of holdings follows the sale of Insight Investment Management Limited on 2 November 2009. This notification supersedes any notifications previously issued by Lloyds Banking Group plc.
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X |
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: |
02 November 2009 |
6. Date on which issuer notified: |
04 November 2009 |
7. Threshold(s) that is/are crossed or reached: |
N/A - Direct/Indirect holdings remain above 9% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ord SHS NPV Shares |
31,379,370 |
31,379,370 |
26,548,886 |
26,548,886 |
4,830,380 |
8.204% |
1.493% |
GB00B01HM147 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
31,379,266 |
9.697% |
9. Chain of controlled undertakings through which the voting rights and/or the |
20,255,594 shares (6.260%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/Indirect Interests). Within the Scottish Widows Investment Partnership Ltd holdings, 5,821,918 shares (1.799%) are managed on behalf of St Andrew's Life Assurance plc, a wholly owned subsidiary of Halifax Life Limited, a wholly owned subsidiary of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest. Within the Scottish Widows Investment Partnership Ltd holdings, 13,443,082 shares (4.154%) are managed on behalf of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest. 3,735,000 shares (1.154%) are under the control of Invista Real Estate Investment Management Holdings Ltd, a wholly owned subsidiary of Invista Real Estate Investment Management Holdings plc, a subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests). 7,283,807 shares (2.251%) are under the control of Invista Real Estate Investment Management Holdings plc, a subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest. |
Proxy Voting: |
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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 323,594,219 |
14. Contact name: |
Matthew Wilson |
15. Contact telephone number: |
0113 235 7729 |