14 Apr 2014 15:59
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Value and Income Trust PLC
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: No
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: Change of account designation for holding of Matthew Alan Oakeshott and AIL Pension Scheme There has been no change in the beneficial ownership of the shares.
3. Full name of person(s) subject to the notification obligation iii:
Matthew Alan Oakeshott
4. Full name of shareholder(s) (if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v
11/04/14
6. Date on which issuer notified:
14/04/14
7. Threshold(s) that is/are crossed or reached: vi, vii
11%
8. Notified details:
A: Voting rights attached to shares viii, ix
Situation previous to the Triggering transaction | ||
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights |
GB0008484718 | 2,546,042 | |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights x | ||
GB0008484718 | 5,287,085 | Direct | Indirect xi 5,287,085 | Direct
| Indirect 11.60% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument | Expiration Date xiii | Exercise/Conversion Period/ Date xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
n/a | n/a | n/a | n/a | n/a |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument | Exercise price | Expiration Date xvii | Exercise/Conversion Period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
n/a | n/a | n/a | n/a | n/a | Nominal | Delta |
Total (A+B+C)
Number of voting rights5,287,085 | % of voting rights11.60% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Speirs & Jeffrey Client Nominees Limited (Dr Phillipa Oakeshott)
Speirs & jeffrey Client Nominees Limited (Matthew Oakeshott)
Speirs & Jeffrey Client Nominees Limited (AIL Pension Scheme) |
2,546,042
2,316,043
425,000
Total = 5,287,085 |
Proxy Voting:
10. Name of the 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:
n/a
14. Contact name:
Marie Ross
15. Contact telephone number:
0141 206 0124