Holding(s) in Company

RNS Number : 7677F

Globalworth Real Estate Inv Ltd

29 April 2014

 



For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 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 the notification 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 on which the threshold is crossed or reached: v		April 24, 2014
6. Date on which issuer notified:		April 29, 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		Was previously below 3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

0

0

2,140,946

2,140,946

5.14%

GG00B979FD04

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,140,946

5.14%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Oak Hill Advisors, L.P. and Oak Hill Advisors (Europe) 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 1,712,756 shares directly, which represents 4.11% 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 less than 3% 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 less than 3% of the voting rights.
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:	Richard Munn
15. Contact telephone number:	011-44-20-7968-3675

 

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