TIDMDREF

RNS Number : 6094M

Duet Real Estate Finance Limited

14 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       Duet Real Estate Finance 
  the underlying issuer                                                  Limited ORD NPV 
  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                                    Yes 
-----------------------------------------------------------------  ----------------------------- 
 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)                                          NFU Mutual Insurance Society 
  subject to the                                                                         Limited 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                                  12(th) October 2016 
  and date on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:                                           14(th) October 2016 
---------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                                        <5% (Direct) 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 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 voting         % of voting 
                 of               of                            of shares      rights                   rights (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  -----------------------------  ------------  -----------------------  ----------------------- 
                                                                              Direct        Indirect   Direct        Indirect 
                                                                               (xi)          (xii) 
-------------      -----------      -----------  ------------  ------------  ------------  ---------  ------------  --------- 
 Ordinary 
  shares          3,650,000               3,650,000              3,500,000     3,500,000       0         4.874%         0% 
               ---------------  -----------------------------  ------------  ------------  ---------  ------------  --------- 
 GG00B628S547 
-------------      -----------      -----------  ------------    ----------    ----------  ---------      --------  --------- 
 
 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          (xiii)           Period (xiv)                               may be 
                                                                                 acquired if 
                                                                                 the 
                                                                                 instrument 
                                                                                 is 
                                                                                 exercised/ 
                                                                                 converted. 
-----------------  ---------------  -----------------------------------------  -------------------------  ------------------- 
 
 
 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 
 financial         price           date            Conversion      rights instrument                      rights (xix, 
 instrument                        (xvii)          period          refers to                              xx) 
                                                   (xviii) 
---------------  ---------------  -------------  --------------  -------------------------------------  --------------------- 
                                                                                                         Nominal     Delta 
---------------  ---------------  -------------  --------------  -------------------------------------  ----------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ------------------------------------------------------------ 
 3,500,000                                                        4.874% 
---------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
   NFU Mutual General Fund 4.874% (Direct) 
 
 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:                                                Adam Inman 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  01789 202693 
-------------------------------------------------------------  -------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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