RNS Number : 3215L
  Local Shopping REIT (The) PLC
  08 January 2009
   

    TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

    1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

    The Local Shopping REIT plc

    2. Reason for the notification (place an X inside the appropriate bracket/s)  
    An acquisition or disposal of voting rights: ( X )

    An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached: ( )

    An event changing the breakdown of voting rights: (   )

    Other (please specify) : ( )
    *****..

    3.     Full name of person(s) subject to the notification obligation:
        
    Schroders plc

    4.     Full name of shareholder(s) (if different from 3.) :



    5. Date of the transaction (and date on which the threshold is crossed or reached if different):

    6 January 2009

    6. Date on which issuer notified:

    7 January 2009

    7. Threshold(s) that is/are crossed or reached:

    13-14%

    8. Notified details:
    *****..

    A: Voting rights attached to shares

 Class/type of shares if              Situation previous to the Triggering transaction
 possible using the ISIN CODE
                                 Number of shares          Number of voting Rights 
 Ord GBP 0.20
 GB00B1VS7G47                    11,234,352
                                                           11,234,352
                                                            
    Resulting situation after the triggering transaction 

 Class/type of shares if         Number of shares   Number of voting rights  % of voting rights
 possible using the ISIN CODE


 Ord GBP 0.20                                       Direct   Indirect        Direct   Indirect
 GB00B1VS7G47                      12,086,005
                                                    n/a        12,086,005    n/a      14.54%

                                                                                       

    B: Financial Instruments
    Resulting situation after the triggering transaction

 Type of financial instrument  Expiration Date   Exercise/Conversion   Number of voting      % of voting rights
                                                 Period/ Date          rights that may be
 n/a                                                                   acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted.



                                                                                              

    Total (A+B)
 Number of voting rights  % of voting rights


 12,086,005               14.54%

                           

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

    Schroder Investment Management Limited: 12,086,005 (14.54%

    Proxy Voting:

    10. Name of the proxy holder:

    n/a

    11. Number of voting rights proxy holder will cease to hold:

    n/a

    12. Date on which proxy holder will cease to hold voting rights:

    n/a

    13. Additional information:

    None

    14. Contact name:

    William A Heaney
    Company Secretary

    15. Contact telephone number:

    020 7292 0333


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