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Scottish Oriental (SST)

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Wednesday 10 December, 2008

Scottish Oriental

Holding(s) in Company

RNS Number : 9104J
Scottish Oriental Smlr Co Tst PLC
10 December 2008
 

The Scottish Oriental Smaller Companies Trust plc ('the Company')


The Company has received a TR-1 containing the following information from CFG Heward Investment Management Ltd.


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:

 

CFG Heward Investment Management Ltd.


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

 

See schedule

 

 

5. Date of the transaction (and date on which the threshold is crossed or reached if
    different)
:

 

2 December 2008


6. Date on which issuer notified:

 

9 December 2008


7. Threshold(s) that is/are crossed or reached:

In aggregate 12.8% however no single account surpasses the 3% threshold


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

ISN 0783613 Ord GBP0.25

Number of shares

4,739,800

Number of voting Rights 

4,739,800




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

ISN 0783613 Ord GBP0.25

Direct
3,876,693

Direct
0

Indirect
3,876,693

Direct
0

Indirect
12.8%








B: Financial Instruments

Resulting situation after the triggering transaction


Type of financial instrument

N/A

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

3,876,693

12.8%


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



Proxy Voting:


10. Name of the proxy holder: CFG Heward Investment Management Ltd.

……..


11. Number of voting rights proxy holder will cease to hold: 863,107

…………..


12. Date on which proxy holder will cease to hold voting rights: 5 December 2008

…………..


13. Additional information:


Schedule of Nominees for CFG Heward Investment Management Ltd.


HSBC Global Custody Nominee (UK) Limited 883 031

320,000

Nortrust Nominees Limited Canada

0

Roy Nominees Limited 101558

343000

Roy Nominees Limited 575002 

1,999,693

Roy Nominees Limited 290253

300,000

TD Waterhouse Nominees (Europe) Limited Canada 

914,000

Total

3,876,693


14. Contact name:

 

Bridgette McDonald


15. Contact telephone number:

 

+44 (0) 131 473 2270


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