19th Dec 2008 11:56
19 December 2008
Speymill Deutsche Immobilien Company plc ("the Company")
Significant Shareholdings
Following the conversion of the Company's C shares into ordinary shares of EUR 0.05 ("Ordinary Shares") on 17 October 2008, the Company has been notified of changes to the Company's significant shareholdings. The percentages of the Company's issued Ordinary Shares represented by the significant shareholdings notified to the Company are as follows:
Name of shareholder |
Number of Ordinary Shares held |
Percentage of issued share capital |
Invesco Limited |
56,181,599 |
16.66% |
Standard Life Investments Ltd |
33,674,555 |
9.99% |
Artemis Fund Management Limited |
28,151,099 |
8.35% |
Midas Capital plc |
24,650,000 |
7.31% |
Jim Mellon |
17,780,604 |
5.27% |
Majedie Asset Management Ltd |
17,443,240 |
5.17% |
Sloane Robinson LLP |
11,874,435 |
3.52% |
Investec Asset Management Ltd |
11,400,000 |
3.38% |
The total number of Ordinary Shares in issue is 337,130,528.
For more information, please visit www.sdic.co.im or contact:
Speymill Property Group |
Tavistock Communications |
(Manager) |
(Media & Investor Relations) |
Floris van Dijkum, Global Chief Investment Officer |
Jeremy Carey |
+44 20 7659 0763 |
Simon Hudson |
Nigel Caine, CFO Funds |
Gemma Bradley |
+44 1624 640 860 |
+44 20 7920 3150 |
|
|
Smith & Williamson Corporate Finance Limited |
Fairfax I.S. PLC |
(Nomad) |
(Brokers) |
|
|
Azhic Basirov |
James King |
Joanne du Plessis |
Andrew Cox |
+44 20 7131 4000 |
+44 20 7598 5368 |
Notes to Editors:
Speymill Deutsche Immobilien Company plc is a pan-German residential property investment company, which listed on the AIM market of the London Stock Exchange in March 2006, raising £170 million (EPIC: SDIC.L). In May 2007, SDIC raised a further €250 million through a C share placing (EPIC: SDCC.L). The Euro denominated fund aims to provide investors with an attractive level of income together with the prospect for long-term capital growth.
The German residential market is viewed as increasingly attractive to investors due to a number of factors including rising German economic activity and productivity, and the availability of assets at below replacement cost. Acquired properties should, through active management, also have the potential for increased rental rates and accordingly improved capital values and increased yield.
Speymill Property Group Limited is the appointed Manager of SDIC and, in conjunction with the Investment Advisor, Goal Service GmbH, it identifies acquisition opportunities for the Company, which fit within its investment criteria.
Related Shares:
Sdic Power.MGR.L