TR 1 Notification of Major In
Savills plc (the "Company")
TR 1 Notification of Major Interest in Shares
The Company received notice on 27 August 2010 from Artisan Partners Limited Partnership, in fulfilment of the obligations imposed by the Financial Services Authority in accordance with Disclosure and Transparency Rule 5, that it now indirectly holds voting rights in respect of shares representing 5.02% of the issued share capital of the Company.
Voting rights attached to shares:
|
Situation prior to the triggering transaction
|
|
|
Number of shares |
Number of voting rights |
|
13,111,005 |
Not known |
|
Resulting situation after the triggering transaction
|
||||
|
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Direct |
Indirect |
Direct |
Indirect |
|
|
13,275,988 |
- |
13,275,988 |
- |
10.07 |
The controlled undertakings through which the voting rights are effectively held are:
Artisan Partners Limited Partnership ("APLP"), a US registered investment adviser, is a limited partnership organised under the laws of the State of Delaware on 26 March 2009. Control of APLP is vested in its general partner, Artisan Investments GP LLC, a limited liability company organised under the laws of the State of Delaware on 26 March 2009. Artisan Partners Holdings LP is the sole member of Artisan Investments GP LLC, and is the sole limited partner of Artisan Partners Limited Partnership. Control of Artisan Partners Holdings LP (formerly named Artisan Partners Limited Partnership) is vested in its general partner, Artisan Investment Corporation. All of the outstanding stock of Artisan Investment Corporation is owned by ZFIC, Inc., a corporation organised under the laws of the State of Wisconsin. Andrew A Ziegler and Carlene M Ziegler each own 50% of the voting stock of ZFIC, Inc. APLP, pursuant to advisory contracts, has the power to purchase and sell securities on behalf of its clients and the power to vote for most clients. Persons other than APLP are entitled to receive all dividends from, and proceeds from the sale of, all securities reported hereunder.
Artisan International Value Fund ("ARTIV"), is a series of Artisan Funds Inc., a US registered investment company. Certain officers and a director of Artisan Funds, Inc. are employees of APLP. APLP pursuant to its advisory contract with ARTIV has the power to purchase and sell securities on behalf of ARTIV and to vote for ARTIV. ARTIV, as of 1 October 2009, was interested in 4,412,244 shares, representing 3.35% of the 5.02% disclosed above, of Savills plc.
As at 31 August 2010, the Company has 131,845,502 ordinary shares, which is equal to the same number of voting rights.
Name of contact and telephone number for enquiries:
Chris Lee, Group Company Secretary
Tel: 020 3107 5431
This information is provided by RNS
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