UAI.L Regulatory News (UAI)

27 Jul 2007 11:31

Development Securities PLC27 July 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: DEVELOPMENT SECURITIES PLC 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (YES) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (NO) An event changing the breakdown of voting rights: (NO) Other (please specify) : (NO) 3. Full name of person(s) subject to the notification obligation: CHELSFIELD PARTNERS LLP 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 24 JULY 2007 6. Date on which issuer notified: 26 JULY 2007 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights ORDS 50P 1,209,250 1,209,250 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect ORDS 50P 1,498,250 1,498,250 3.66 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 1,498,250 3.66 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: 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: KA COOK 15. Contact telephone number: 020 7290 2388 This information is provided by RNS The company news service from the London Stock Exchange