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Market Cap: €499.06m
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Holding(s) in Company

23 Dec 2014 09:00

RNS Number : 5661A
Globalworth Real Estate Inv Ltd
23 December 2014
 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Globalworth Real Estate Investments Limited

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 to thenotification obligation: iii

Oak Hill Advisors, L.P.

4. Full name of shareholder(s)  (if different from 3.):iv

ESCF Investment S.à.r.l.

SPFC Investment S.à.r.l.

Asia CCF Investment S.à.r.l.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

18 December 2014

6. Date on which issuer notified:

22 December 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

10%

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

GG00B979FD04

2,140,946

2,140,946

7,193,562

0

7,193,562

0

13.41%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,193,561

13.41%

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

Oak Hill Advisors, L.P. and OHA (UK) LLP are co-advisors of OHA European Strategic Credit Master Fund (Euro), L.P., which is the owner of ESCF Holding S.à.r.l., which in turn is the owner of ESCF Investment S.à.r.l. ESCF Investment S.à.r.l. owns 5,754,848 shares directly, which represents 10.73% of the voting rights.

 

Oak Hill Advisors, L.P. is the manager of OHA Structured Products Master Fund C, L.P., which is the owner of SPFC Holding S.à.r.l., which in turn is the owner of SPFC Investment S.à.r.l. SPFC Investment S.à.r.l. owns 719,357 shares directly, which represents 1.34% of the voting rights.

 

Oak Hill Advisors, L.P. is the manager of OHA Asia Customized Credit Fund, L.P. which is the owner of Asia CCF Holding S.à.r.l., which in turn is the owner of Asia CCF Investment S.à.r.l, the purchasers of the shares. Asia CCF Investment S.à.r.l owns 719,357 shares directly, which represents 1.34% of the voting rights.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Richard Munn

15. Contact telephone number:

+44 (0)20 7968 3675

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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