Max Property Group PLC Holding(s) in Company (9482I)
05 Juin 2014 - 2:01PM
UK Regulatory
TIDMMAX
RNS Number : 9482I
Max Property Group PLC
05 June 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
1. Identity of the issuer or the underlying Max Property Group plc
issuer
of existing shares to which voting rights
are
attached: (ii)
-----------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights x
------------------------------------------------------------------------------------- --------
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
------------------------------------------------------------------------------------- --------
Other (please
specify):
------------------- ---------------------------------------------------------------- --------
3. Full name of person(s) subject Novatrust Limited of No2 The Forum,
to the Grenville Street, St Helier, Jersey,
notification obligation: (iii) Channel Islands, JE1 1HH.
-------------------------------------------------
4. Full name of shareholder(s) Howick Holdings Inc, and Kerry International
(if different from 3.):(iv) Investments Limited both of No 2, The
Forum, Grenville Street, St Helier,
Jersey, Channel Islands, JE1 1HH.
All shares are held through Barclays
Trust Channel Islands Limited as nominee
-------------------------------------------------
5. Date of the transaction and date Recent trade 03 June 2014
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------------
6. Date on which issuer notified: 04 June 2014
-------------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 7%
-------------------------------------------------
8. Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if
possible
using
the ISIN
CODE
------------------------------------ ----------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
--------------- ------------------- ------------ ------------------------- -----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
---- ------- ------ ----- ---- ------------ ------------ ----------- --------------- ------------
Ordinary
shares 13,991,978 13,991,978 2,836,089 2,836,089 13,755,889 1.289% 6.253%
--------------- ------------------- ------------ ------------ ----------- --------------- ------------
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
--------------- ------------------------------ ------------------------------ -------------------
n/a
--------------- ------------------------------ ------------------------------ -------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
------------- ------------- ------------------ ------------------------------ ------------------------
n/a Nominal Delta
------------- ------------- ------------------ ------------------------------ ------------- ---------
Total (A+B+C)
Number of voting rights Percentage of voting rights
----------------------------------------------------------
16,591,978 7.54%
----------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
Novatrust Limited indirectly holds 13,755,889 (equivalent to 6.253%) shares
jointly with STC International Limited of No 2, The Forum, Grenville Street,
St Helier, Jersey, Channel Islands, JE1 1HH.
Novatrust Limited directly holds 2,836,089 shares (equivalent to 1.289%).
STC International Limited is making a separate disclosure.
Proxy Voting:
10. Name of the proxy holder: n/a
----------------------------
11. Number of voting rights proxy holder will n/a
cease
to hold:
----------------------------
12. Date on which proxy holder will cease to n/a
hold
voting rights:
----------------------------
13. Additional information:
14. Contact name: Cora Binchy
----------------------------------------
15. Contact telephone number: +44 (0)1534 823064
----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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