Any beneficial interest in securities of a body where-

(a)  That body (to your knowledge) has a place of business or land in the area of the relevant authority; and

(b)  Either-

(i)            The total nominal value of the securities exceeds £25,000 or one hundredth of the total issued share capital of that body; or

(ii)           If the share capital of that body is of more than one class, the total nominal value of the shares of any one class in which the relevant person has a beneficial interest exceeds one hundredth of the total issued share capital of that class.