Asian Growth Properties : Notification of Major Interest in Shares

RNS Number: 2043P 29 August 2017

ASIAN GROWTH PROPERTIES LIMITED TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:	Asian Growth Properties Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: Shares acquired under the share exchange offer for the issued shares in Asian Growth Properties Limited by Nan Luen International Limited		X
3. Details of person subject to the notification obligationiv
Name	Nan Luen International Limited
City and country of registered office (if applicable)	Bermuda
4. Full name of shareholder(s) (if different from 3.)v
Name	N/A
City and country of registered office (if applicable)	N/A
5. Date on which the threshold was crossed or reachedvi:	28 August 2017
6. Date on which issuer notified (DD/MM/YYYY):	29 August 2017

7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	90.70	0	90.70	886,347,812
Position of previous notification (if applicable)	89.60	0	89.60	886,347,812

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
ISIN code: BMG054131021	803,875,928	0	90.70	0
SUBTOTAL 8. A	803,875,928		90.70

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial	Expiration	Exercise/	Number of voting rights	% of voting rights
			that may be acquired if
instrument	datex	Conversion Periodxi	the instrument is
			exercised/converted.
SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				X
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
JCS Limited	90.70	N/A	90.70

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

JCS Limited has an indirect interest in 803,875,928 (90.70%) common shares in the Company by virtue of its 63.58% shareholding interest in Nan Luen International Limited.

Place of completion	United Kingdom
Date of completion	28 August 2017