Holding(s) in Company

RNS Number : 5803U

Scottish Oriental Smlr Co Tst PLC

18 October 2010

 



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			The Scottish Oriental Smaller Companies Trust Plc
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		C.F.G. Heward Investment Management Ltd.
4. Full name of shareholder(s)  (if different from 3.):iv		See schedule
5. Date of the transaction and date on which the threshold is crossed or reached: v		13 October 2010
6. Date on which issuer notified:		15 October 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		4% and 3% (no single account surpasses the 3% threshold)

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

Direct

Direct xi

Indirect xii

Direct

Indirect

Ord 25p shares GB0007836132

1,359,593

1,359,593

886,093

886,093

2.93%

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

886,093

2.93%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:		C.F.G. Heward Investment Management Ltd.
11. Number of voting rights proxy holder will cease to hold:		473,500
12. Date on which proxy holder will cease to hold voting rights:		13 October 2010
13. Additional information:
Scottish Oriental Register Mirabaud 50,000 TD Waterhouse Nominees (Europe) Limited Canada 327,793 RBC Wealth Management 30,000 RBC Dexia 428,300 Roy Nominees Limited 290253 50,000 Total 886,093
14. Contact name:	Sarah Menzies
15. Contact telephone number:	[phone]

 

END

 

 

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