Local Shopping REIT LSR Holding(s) in Company

  Local Shopping REIT (LSR) - Holding(s) in Company

RNS Number : 0319R
Local Shopping REIT (The) PLC
13 November 2012






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i
1. Identity of the issuer or the underlying
issuer                                           The Local Shopping REIT plc
of existing shares to which voting rights are
attached:  ^ii
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                       Prudential plc group of companies
notification obligation: 
^iii
4. Full name of
shareholder(s)                             See attached schedule
(if different from 3.):^iv
5. Date of the transaction
and date on
which the threshold is                        12 November 2012
crossed or
reached: ^v
6. Date on which issuer                       13 November 2012
notified:
7. Threshold(s) that is/are
crossed or                                      See item 13
reached: ^vi, vii



8. Notified details:
A: Voting rights attached to shares ^viii, ix
Class/type of Situation previous        Resulting situation after the triggering
shares        to the triggering         transaction
              transaction
if possible   Number        Number      Number    Number of voting   % of voting
using         of            of          of shares rights             rights ^x
the ISIN CODE Shares        Voting      Direct    Direct    Indirect Direct   Indirect
                            Rights                ^xi       ^xii
GB00B1VS7G47    5,175,000    5,175,000  4,425,000 4,425,000    0      5.36%      0
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    rights that may be rights
                                   ^xiv                 acquired if the
                                                        instrument is
                                                        exercised/
                                                        converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments ^xv, xvi
Resulting situation after the triggering transaction
Type of        Exercise     Expiration Exercise/  Number of voting      % of voting
financial      price        date ^xvii Conversion rights instrument     rights ^xix,
instrument                             period     refers to             xx
                                       ^xviii
                                                                       
                                                                       Nominal Delta

                                                            
Total (A+B+C)
Number of voting rights                      Percentage of voting rights
4,425,000                                    5.36%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi


Prudential plc (parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)


Proxy Voting:
10. Name of the proxy holder:                                    N/A
11. Number of voting rights proxy holder will cease              N/A
to hold:
12. Date on which proxy holder will cease to hold                N/A
voting rights:
13. Additional             
information:
                           M&G Securities Limited (wholly owned subsidiary of
                           M&G Limited) has moved below a 5% notifiable
                           interest triggering this notification.

                           
                           William Heaney, Company Secretary
14. Contact name:
                           The Local Shopping REIT plc
15. Contact telephone      020 7292 0333
number:



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


HOLBJBATMBJBBRT -0- Nov/13/2012 15:40 GMT
 
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