TR-1: Notification of Major Interest in shares

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.

Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy

To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.

For filings with the FSA 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			Real Estate Credit Investments (B0HW536)
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):	Issue of shares			X
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		Smith and Williamson Holdings Limited
4. Full name of shareholder(s) (if different from 3.):^iv		Details as per section 9
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		13/11/2013
6. Date on which issuer notified:		14/11/2013
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		5%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Smith & Williamson Nominees Limited, a subsidiary of Smith & Williamson Investment Services Limited, subsidiary of Smith & Williamson Holdings Limited - 1,999,981 shares BNP Paribas as custodian for Smith & Williamson Investment Services Limited, a subsidiary of Smith & Williamson Holdings Limited - 198,777 Shares Royal Bank of Scotland as custodian for Smith & Williamson Fund Administration Ltd., subsidiary of Smith & Williamson Investment Services Limited a subsidiary of Smith & Williamson Holdings Limited - 695,018 shares

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:
15. Contact telephone number:

Companies

UK 100

Latest directors dealings