Notification of Major Interest in shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        

 

1. Identity of the issuer or the underlying issuer of existing    Manchester & London   
shares to which voting rights are attached:ii                     Investment Trust plc  
                                                                                        

 

2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        

 

An acquisition or disposal of voting rights                                       Yes 
                                                                                        
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 the notification            Rathbone Brothers PLC  
obligation:iii                                                                          
                                                                                        
4. Full name of shareholder(s)  (if different from 3.):iv        Rathbone Brothers PLC  
                                                                                        
                                                                  Rathbone Investment   
                                                                    Management Ltd      
                                                                                        
5. Date of the transaction and date on which the threshold is       25 October 2013     
crossed or reached: v                                                                   
                                                                                        
6. Date on which issuer notified:                                   28 October 2013     
                                                                                        
7. Threshold(s) that is/are crossed or reached: vi, vii                   5%            
                                                                                        
8. Notified details:
A: Voting rights attached to shares viii, ix

 

Class/type of       Situation previous              Resulting situation after           
shares               to the triggering                   the triggering                 
                        transaction                        transaction                  
                                                                                        
if possible using               Number                   Number            % of voting  
the ISIN CODE        Number       of     Number            of               rights x    
                       of       Voting     of            voting                         
                     Shares     Rights   shares          rights                         
                                                                                        
                                         Direct Direct xi  Indirect xii  Direct Indirect
                                                                                        
25p Ordinary                                                                            
                                                                                        
                   1,163,388  1,163,388   N/A      N/A       1,079,188    N/A    4.81%  
                                                                                        
GB0002258472                                                                            
                                                                                        

 

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        

 

Type of financial  Expiration       Exercise/           Number of voting    % of voting 
    instrument     date xiii  Conversion Period xiv    rights that may be      rights   
                                                        acquired if the                 
                                                         instrument is                  
                                                     exercised/ converted.              
                                                                                        
       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  Exercise Expiration    Exercise/    Number of voting    % of voting  
    instrument      price    date xvii   Conversion   rights instrument  rights xix, xx 
                                        period xviii      refers to                     
                                                                                        
                                                                                        
                                                                                        
                                                                         Nominal  Delta 
                                                                                        
       N/A           N/A        N/A          N/A             N/A                        
                                                                                        

 

Total (A+B+C)                                                                           
                                                                                        

 

        Number of voting rights                    Percentage of voting rights          
                                                                                        
               1,079,188                                      4.81%                     
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
Rathbone Brothers PLC*                                                                  
                                                                                        
Rathbone Investment Management Ltd       4.81%                                          
                                                                                        
*Rathbone Brothers Plc is the holding company of the following.                         
                                                                                        
                                                                                        
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:   Total shares in issue used as a denominator is 22,457,042 
                                                                                        
14. Contact name:                               Compliance Department                   
                                                                                        
15. Contact telephone number:                       020 7399 0000