TIDMRECI TIDMRECP TIDMTTM

RNS Number : 5223A

Real Estate Credit Investments Ltd

24 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or 
  the underlying issuer 
  of existing shares to which                                   Real Estate Credit Investments 
  voting rights are                                             Limited 
  attached: 
-----------------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
------------------------------------------------------------  --------------------------------- 
 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                                                                X 
  specify): 
  Placing 
----------------------------------------------------------    --------------------------------- 
 3. Full name of person(s)                                    FIL Limited 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                               See Section 9 
  (if different from 3.): 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                   23 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                      24 March 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                    5% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous              Resulting situation after the 
  of               to the triggering               triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ------------------------------  ------------------------------------------------------------------------------------------ 
                  Number          Number          Number            Number of                          % of voting 
                  of               of              of shares         voting                             rights 
                  Shares           Voting                            rights 
                                   Rights 
---------------  --------------  --------------  ----------------  ---------------------------------  ------------------------------------- 
                                                  Indirect          Direct        Indirect             Direct         Indirect 
                                                                                   (xii) 
---------------    ------------   ------------   ----------------  ------------  -------------------  -------------  ---------------------- 
 
                          Below           Below 
   GB00B0HW5366              5%              5%         7,012,500                          7,012,500                                  7.93% 
                 --------------  --------------  ----------------  ------------  -------------------  -------------  ---------------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting                   % of voting 
  financial          date           Conversion                       rights that                        rights 
  instrument                        Period                           may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  -------------  -------------------------------  ---------------------------------  ------------------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise       Expiration     Exercise/          Number of voting                   % of voting 
  financial         price         date           Conversion          rights instrument                  rights 
  instrument                                     period              refers to 
----------------  -------------  -------------  -----------------  ---------------------------------  ------------------------------------- 
                                                                                                       Nominal        Delta 
----------------  -------------  -------------  -----------------  ---------------------------------  -------------  ---------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                          Percentage of voting rights 
-----------------------------------------------  ------------------------------------------------------------------------------------------ 
                                      7,012,500                                                                                   7.93% 
-----------------------------------------------  ------------------------------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------------------- 
   Controlled Undertaking           Percentage Holding 
   -------------------------------  ------------------- 
    FIL INVESTMENTS INTERNATIONAL                  7.93 
   -------------------------------  ------------------- 
    Grand Total                                    7.93 
   -------------------------------  ------------------- 
-------------------------------------------------------------------------------------------- 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
--------------------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy 
  holder will acquire/ cease to hold: 
--------------------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will 
  acquire/ cease to hold voting rights: 
--------------------------------------------------------------  ---------------------------- 
 
 13. Additional information:                                   N/A 
------------------------------------------------------------  ------------------------------ 
 14. Contact name:                                             Sally-Ann Hatton 
------------------------------------------------------------  ------------------------------ 
 15. Contact telephone number: 
                                                                fil-regreporting@fil.com, 
                                                                01737 837148 
------------------------------------------------------------  ------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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