Holding(s) in Company

RNS Number : 2243Z

Sirius Real Estate Limited

09 December 2014

 



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				SIRIUS REAL ESTATE LIMITED
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					X
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		KAROO INVESTMENT S.A R.L. KAROO INVESTMENT FUND S.C.A. SICAV-SIF
4. Full name of shareholder(s)  (if different from 3.):iv		KAROO INVESTMENT FUND S.C.A. SICAV-SIF
5. Date of the transaction and date on which the threshold is crossed or reached: v		5 DECEMBER 2014
6. Date on which issuer notified:		8 DECEMBER 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		BELOW 21%

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

GG00B1W3VF54

128,611,451

128,611,451

128,611,451

128,611,451

20.50%

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

128,611,451

20.50%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Karoo Investment S.a r.l. is the general partner of the Karoo Investment Fund S.C.A. SICAV-SIF.
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 Karoo Investment Fund holds convertible loan notes issued by Sirius Real Estate that can be converted into 20,833,350 ordinary shares to be issued by the company on conversion at the election of the Karoo Investment Fund.
14. Contact name:	Charl Cloete
15. Contact telephone number:	[phone]

 

END

 

 

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