UK News

Holding(s) in Company

Ocado Group

RNS Number : 2692B

Ocado Group PLC

15 February 2011


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES ⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ			OCADO GROUP PLC
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):	The acquisition and related disposal primarily results from a placement in the issuer's shares managed by Goldman Sachs International on February 10 and 11
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.):^iv		Goldman Sachs International Goldman, Sachs & Co. Goldman Sachs Asset Management, L.P .
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		10 February 2011
6. Date on which issuer notified:		14 February 2011
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		10%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

GB00B3MBS747

Below 3%

60,033,141

10.84%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

60,033,141

10.84%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
The interest in 59,237,324 shares arose from a beneficial interest held by Goldman Sachs International, an indirect subsidiary of GS Inc. These shares are, or will be, registered at CREST in account CREPTEMP. The interest in 776,172 shares arose from a beneficial interest held by Goldman, Sachs & Co. ("GS&Co."), a direct subsidiary of GS Inc. These shares are, or will be, registered in the name of Goldman Sachs Securities (Nominees), Limited ("GSSN"). The interest in 19,645 shares arose from the interest held by Goldman Sachs Asset Management, LP a wholly owned subsidiary of GS Inc acting as discretionary manager. We believe that some of these shares are, or will be, registered in the name of Goldman Sachs Securities (Nominees), Limited ("GSSN").

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:	General email contact: shareholderdisclosures@gs.com
14. Contact name:	Shannon Sutherland
15. Contact telephone number:	020-7774-6249

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBDGDDISBBGBU
Back Link