TIDMMLI TIDM42SB

RNS Number : 5268B

Industrials REIT Limited

02 June 2023

INDUSTRIALS REIT LIMITED

(Registered in Guernsey)

(Registration number 64865)

   LSE share code: MLI    JSE share code: MLI 

ISIN: GG00BFWMR296

("Industrials REIT" or the "Company")

TR-1: STANDARD FORM FOR NOTIFICATION OF MAJOR HOLDINGS

1. Issuer Details

ISIN

GG00BFWMR296

Issuer Name

Industrials REIT Limited

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

The Goldman Sachs Group, Inc.

City of registered office (if applicable)

Wilmington, Delaware

Country of registered office (if applicable)

USA

4. Details of the shareholder

 
  Name                            City of registered office    Country of registered office 
   Goldman Sachs International     London                       United Kingdom 
                                ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

26-May-2023

6. Date on which Issuer notified

01-Jun-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                10.024471               0.007809                10.032280               29781872 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            0.000000                0.007242                0.007242 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GG00BFWMR296                                       29758690                                        10.024471 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              29758690                                        10.024471% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date   Exercise/conversion period  Number of voting rights   % of voting rights 
instrument                                                                that may be acquired if 
                                                                          the instrument is 
                                                                          exercised/converted 
 Securities Lending          Open                                          917                                0.000309 
                            ============================================  ========================  ================== 
Sub Total 8.B1                                                             917                               0.000309% 
                                                                          ========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date   Exercise/conversion   Physical or cash    Number of voting    % of voting rights 
instrument                            period                settlement          rights 
 Swap                16-Sep-2025                              Cash               16835               0.005671 
                    ======================================   =================  ==================  ================== 
 Swap                15-Jan-2024                              Cash               4516                0.001521 
                    ======================================   =================  ==================  ================== 
 Swap                03-May-2033                              Cash               914                 0.000308 
                    ======================================   =================  ==================  ================== 
Sub Total 8.B2                                                                   22265               0.007500% 
                                                                                ==================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   The Goldman Sachs 
   Group, Inc. (Chain 
   1) 
                         =======================  =====================  =====================  ====================== 
   The Goldman Sachs 
    Group, Inc. (Chain      Goldman Sachs (UK) 
    1)                       L.L.C.                  10.024471              0.007809               10.032280% 
                         =======================  =====================  =====================  ====================== 
   The Goldman Sachs 
    Group, Inc. (Chain      Goldman Sachs Group 
    1)                       UK Limited              10.024471              0.007809               10.032280% 
                         =======================  =====================  =====================  ====================== 
   The Goldman Sachs 
    Group, Inc. (Chain      Goldman Sachs 
    1)                       International           10.024471              0.007809               10.032280% 
                         =======================  =====================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Please note, the total amount of voting rights have been rounded to 6 decimal places therefore there is a possibility of a rounding error.

General email contact:

gs-regops-emea-position-enquiries@gs.com

12. Date of Completion

01-Jun-2023

13. Place Of Completion

London

2 June 2023

For further information:

 
     Industrials REIT Limited 
      Paul Arenson (paul.arenson@industrials.co.uk) 
      Julian Carey (julian.carey@industrials.co.uk) 
      James Beaumont (james.beaumont@industrials.co.uk)          +44(0)20 3918 6600 
     Numis Securities Limited (Financial 
      Adviser) 
      Hugh Jonathan 
      Vicki Paine                                                +44(0)20 7260 1000 
     FTI Consulting (PR Adviser) 
      Richard Sunderland 
      Richard Gotla 
      Neel Bose 
      industrialsreit@fticonsulting.com                          +44(0)20 3727 1000 
     Java Capital 
      (JSE Sponsor)                                              +27 (0)11 722 3050 
 

About Industrials REIT:

Industrials REIT is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. The objective of the Company is to deliver a combination of sustainable growing income and growth in value to its investors. Industrials REIT focuses on owning and operating a diversified portfolio of UK purpose built multi-let industrial (MLI) estates across the UK. The Company aspires to be the leading MLI business in the UK. For further information, go to www.industrialsreit.com .

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END

HOLUUUAROAUNRAR

(END) Dow Jones Newswires

June 02, 2023 07:31 ET (11:31 GMT)

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