TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Berkeley Group Holdings plc
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2. Reason for notification (yes/no)
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An acquisition or disposal of voting rights
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Yes
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to notification obligation:
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1. Saad Investments Company Limited
2. Saadgroup Limited
3. Awal Trust Company Limited
4. Maan Abdulwahed Al-Sanea
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4. Full name of shareholder(s) (if different from 3):
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1. Vidacos Nominees Limited
2. Euroclear Nominees Limited
3. Chase Nominees Limited
4. Credit Suisse Client Nominees (UK) Limited
5. Nomura International
6. Bear Stearns Securities Corp
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5. Date of transaction (and date on which the threshold is crossed or reached if different):
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12 June 2009
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6. Date on which issuer notified:
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15 June 2009
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7. Threshold(s) that is/are crossed or reached:
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14%
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8: Notified Details
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A: Voting rights attached to shares
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Class/type of shares
If possible use ISIN code
GB00B02L3W35
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Situation previous to the triggering transaction
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Resulting situation after the triggering transaction
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Number of shares
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Number of voting rights
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Number of shares
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Number of voting rights
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Percentage of voting rights
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Direct
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Indirect
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Direct
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Indirect
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Ordinary
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18,811,264
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18,811,264
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18,006,219
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-
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18,006,219
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-
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13.76%
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B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
18,006,219 |
13.76% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Maan Abdulwahed Al-Sanea (MAS) is subject to a notification obligation pursuant to DTR 5.2.1(e) as a 'parent undertaking' of Saad Investments Company Ltd (SICL), the entity that indirectly holds 18,006,219 shares. SICL is 96.2% owned by Saadgroup Limited (SGL) which is wholly owned by Awal Trust Company Ltd (ATCL) as trustee of the Saad STAR Trust. SGL and ATCL are therefore subject to a notification obligation pursuant to DTR 5.2.1(e) as a 'parent undertaking' of SICL. |
Proxy Voting: |
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10. Name of 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: |
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14 Contact name: |
Richard Stearn / Catherine Maitland, Tim Robertson (Cardew Group) |
15. Contact telephone number: |
01932 868555 / 0207 930 0777 |