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: |
GREAT PORTLAND ESTATES PLC |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
NO |
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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 |
NO |
|
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
NO |
|
An event changing the breakdown of voting rights |
YES |
|
Other (please specify): |
|
|
3. Full name of person(s) subject to the notification obligation: |
(1) VII TRADE INTERNATIONAL |
4. Full name of shareholder(s) (if different from 3.): |
N/A |
5. Date of the transaction and date on which the threshold is crossed or reached: |
22 JUNE 2009 |
6. Date on which issuer notified: |
22 JUNE 2009 |
7. Threshold(s) that is/are crossed or reached: |
4 PER CENT. |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
|
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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ISIN CODE: |
12,344,962 |
12,344,962 |
12,344,962 |
12,344,962 |
N/A |
3.95 |
N/A |
GB00B01FLL16 |
THE SHARES ARE HELD DIRECTLY BY VII TRADE INTERNATIONAL LIMITED (ACTING THROUGH A NOMINEE) AND INDIRECTLY BY EACH OF WESTBROOK REAL ESTATE FUND VII L.P., WESTBROOK REALTY MANAGEMENT VII L.L.C., INFINITY FUNDING HOLDINGS, L.L.C., THE WESTBROOK GROUP, L.L.C. AND PAUL D. KAZILIONIS.
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 |
N/A |
N/A |
N/A |
N/A |
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 |
|
N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
N/A |
N/A |
Total (A+B+C) |
|
Number of voting rights |
Percentage of voting rights |
12,344,962 |
3.95% |
9. Chain of controlled undertakings through which the voting rights and/or the |
PAUL D KAZILIONIS OWNS AND CONTROLS THE WESTBROOK GROUP, L.L.C., WHICH OWNS AND CONTROLS INFINITY FUNDING HOLDINGS, L.L.C., WHICH IS THE MANAGING MEMBER OF WESTBROOK REALTY MANAGEMENT VII, L.L.C. WESTBROOK REALTY MANAGEMENT VII L.L.C. IS THE GENERAL PARTNER OF WESTBROOK REAL ESTATE FUND VII, L.P. WHICH OWNS A MAJORITY OF THE SHARES IN AND CONTROLS VII TRADE INTERNATIONAL LIMITED (WHICH ACTS THROUGH A NOMINEE). |
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: |
AS REQUIRED BY DTR 5.8.8, THE PERCENTAGE VOTING RIGHTS FIGURE OF 3.95% USED IN THIS ANNOUNCEMENT WAS CALCULATED USING THE NUMBER OF VOTING RIGHTS IN EXISTENCE AT 22 JUNE 2009, BEING THE DATE OF MOST RECENT DISCLOSURE MADE BY GREAT PORTLAND ESTATES PLC IN ACCORDANCE WITH DTR 5.6.1 (312,676, 149 ORDINARY SHARES). |
14. Contact name: |
MARK DONNOR(1) |
15. Contact telephone number: |
(1) +44 (0)20 7659 9452 |