The Scottish Oriental Smaller Companies Trust plc ('the Company')
The Company has received a TR-1 containing the following information from Sarasin & Partners LLP.
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
The Scottish Oriental Smaller Companies Trust plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation:
Sarasin & Partners LLP
4. Full name of shareholder(s) (if different from 3.) :
Bank of New York (Brussels)
Bank Sarasin & Co Ltd (Zurich)
Fortis Bank Luxembourg SA (EFA)
RBC Dexia Investor Services S.A. (Zurich)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
5th February 2009
6. Date on which issuer notified:
6th February 2009
7. Threshold(s) that is/are crossed or reached:
6%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
Ordinary Shares GB0007836132 |
Number of shares 1,595,000 |
Number of voting Rights |
|
|
|
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
Ordinary Shares GB0007836132 |
|
Direct |
Indirect |
Direct |
Indirect |
|
|
|
|
|
|
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
1,885,200 |
6.2395% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
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:
14. Contact name:
Bridgette McDonald
15. Contact telephone number:
+44 (0) 131 473 2270