Max Property Group PLC Holding(s) in Company (9478I)
05 June 2014 - 10:00PM
UK Regulatory
TIDMMAX
RNS Number : 9478I
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 STC International Limited of No 2,
to the The Forum, Grenville Street, St Helier,
notification obligation: (iii) Jersey, Channel Islands, JE1 1HH
---------------------------------------------
4. Full name of shareholder(s) Howick Holdings Inc, Kerry International
(if different from 3.):(iv) Investments Limited, Nome Holdings
Limited, Munchkin Limited, Tenorite
Investments Limited all of No 2, The
Forum, Grenville Street, St Helier,
Jersey, Channel Islands, JE1 1HH.
All shares are held through Barclays
Trust Channel Islands Limited acting
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 rights (x)
Shares Voting shares
Rights
---------------- -------------------- --------- ----------------------- ------------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----- ------- ------ ------ ---- --------- ---------- ----------- --------------- -------------
Ordinary
shares 13,991,269 13,991,269 16,591,978 7.54%
---------------- -------------------- --------- ---------- ----------- --------------- -------------
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)
STC International Limited indirectly holds 13,755,889 (equivalent to 6.2531%)
shares jointly with Novatrust Limited of No 2, The Forum, Grenville Street,
St Helier, Jersey, Channel Islands, JE1 1HH.
A further 2,835,380 shares (equivalent to 1.289%) are held indirectly
through STC International Limited ;
Novatrust 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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