1st Nov 2016 15:30
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Schroder European Real Estate Investment Trust Plc
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of 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): ( X ) - Type 1 disclosure as per the Transparency Directive II Regulation
3. Full name of person(s) subject to notification obligation:
Schroders plc
4. Full name of shareholder(s) (if different from 3):
Schroder Investment Management Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different):
28 October 2016
6. Date on which issuer notified:
31 October 2016
7. Threshold(s) that is/are crossed or reached:
Above 10%
8. Notified Details:
A: Voting rights attached to shares
Class/type of shares if possible use ISIN CODE | Situation previous to the triggering transaction | |
GB00BY7R8K77
| Number of shares 11,636,825 | Number of voting rights11,636,825 |
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Resulting situation after the triggering transaction |
| Number of shares | Number of voting rights | % of voting rights | |||||
Direct 13,901,594 | DirectNil | Indirect13,901,594
| DirectNil | Indirect10.394 | ||||
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B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
N/A | Expiration date N/A | Exercise/conversion period
N/A | No. of voting rights that may be acquired if the instrument exercised/ convertedN/A | % of voting rights N/A |
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|
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
| |
N/A | N/A | N/A | N/A | N/A | Nominal
N/A | Delta
N/A |
Total (A+B+C)
Number of voting rights | % of voting rights |
13,901,594 | 10.394% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Schroder Investment Management Limited: 13,901,594 shares (10.394%)
Proxy Voting:
10. Name of 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:
This notification is being made based on the legal entity position crossing above 10%. Schroders Plc's position remains within disclosure thresholds, as per previous disclosure dated 15th February 2016.
Shares referred to in section 9 as held by Schroder Investment Management Limited are held in portfolios managed by Schroder Investment Management Limited on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 133,734,686 .
14. Contact name:
Ria Vavakis
15. Contact telephone number:
020 7658 2371
Related Shares:
Schroder Eur.r