23rd Mar 2009 16:46
The Scottish Oriental Smaller Companies Trust plc ('the Company')
The Company has received a TR-1 containing the following information from Lloyds Banking Group plc
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
The Scottish Oriental Smaller Companies 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 event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation:
Lloyds Banking Group plc
4. Full name of shareholder(s) (if different from 3.) :
See section 9
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
17th March 2009
6. Date on which issuer notified:
19th March 2009
7. Threshold(s) that is/are crossed or reached:
Above 8%
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 |
|
|
The Scottish Oriental Smaller Companies Trust plc Ordinary Shares GB0007836132 |
Number of shares 2,411,028 |
Number of voting Rights 2,411,028 |
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 |
||
|
The Scottish Oriental Smaller Companies Trust plc Ordinary Shares GB0007836132 |
2,422,486 |
Direct 35 |
Indirect2,422,451 |
Direct0% |
Indirect8.02% |
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
2,422,486 |
8.02% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
2,402,898 shares (7.95%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd., a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (indirect interests).
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:
Bridgette McDonald
15. Contact telephone number:
+44 (0) 131 473 2270
Related Shares:
Scot.orntl.smllLloyds