30th Apr 2010 11:23
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Public Service Properties Investments Limited ("PSPI")
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: ( )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( YES) Acquisition of 3,750,000 shares with voting rights of PSPI under an Open Offer at a price of 70p per share. Decrease in Total Voting Rights following an Open Offer
3. Full name of person(s) subject to the notification obligation:
USIGH Limited
4. Full name of shareholder(s) (if different from 3.):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
14 April 2010
6. Date on which issuer notified:
30 April 2010
7. Threshold(s) that is/are crossed or reached:
Reduction from 25.16% to 20.07%
8. Notified details:
A: Voting rights attached to shares:
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
|
Number of shares |
Number of voting Rights |
|
VGG729641024 |
16,808,738 |
16,808,738 |
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
VGG729641024
|
20,558,738 |
20,558,738 |
|
20.07% |
|
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
NIL |
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Exercise price |
Expiration date |
Exercise/Conversion Period |
Number of voting rights instrument refers to |
% of voting rights |
|
|
|
|
|
|
|
Nominal |
Delta |
|
NIL |
|
|
|
|
|
|
Total (A+B+C)
|
Number of voting rights |
% of voting rights |
|
20,558,738 |
20.07% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
N/A
14. Contact name:
Richard Borg
15. Contact number:
020 7766 7000
Related Shares:
PSPI.L