Holding(s) in Company

Holding(s) in Company

Ocado Group

RNS Number : 3973C
Ocado Group PLC
27 June 2016
 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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):



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

Morgan Stanley (Institutional Securities Group and Global Wealth Management)

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


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

23.06.2016

6. Date on which issuer notified:

27.06.2016

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

9%*


 

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

4,044,285

4,044,285

3,023,867

3,023,867


0.48%




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

Right of recall over securities lending agreements

N/A

N/A

21,239,716

3.38%

 

 

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

Equity Swap

N/A

05.09.2016

N/A

552,242

N/A

0.09%

Equity Swap

N/A

01.11.2016

N/A

236,384

N/A

0.04%

Equity Swap

N/A

15.12.2016

N/A

3,553,922

N/A

0.57%

Equity Swap

N/A

06.02.2017

N/A

171,169

N/A

0.03%

Equity Swap

N/A

17.03.2017

N/A

2,844,291

N/A

0.45%

Equity Swap

N/A

30.03.2017

N/A

600,000

N/A

0.10%

Equity Swap

N/A

30.05.2017

N/A

4,400,000

N/A

0.70%

Equity Swap

N/A

13.06.2017

N/A

262,983

N/A

0.04%

Equity Swap

N/A

11.09.2017

N/A

6,730,000

N/A

1.07%

Equity Swap

N/A

16.11.2017

N/A

163,786

N/A

0.03%

Equity Swap

N/A

04.01.2018

N/A

2,877,733

N/A

0.46%

Equity Swap

N/A

08.01.2018

N/A

4,881,834

N/A

0.78%

Equity Swap

N/A

22.01.2018

N/A

3,841,881

N/A

0.61%

Equity Swap

N/A

12.02.2018

N/A

4,051,722

N/A

0.64%

Equity Swap

N/A

29.06.2018

N/A

395,000

N/A

0.06%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

59,826,530

9.52%

 

 

 

 

 

 

 

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

Morgan Stanley & Co. LLC, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is a direct holder of 24,255,412 voting rights  (3.86%)  and is a subsidiary of Morgan Stanley Domestic Holdings, Inc.

 

Morgan Stanley Capital Services LLC, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is a direct holder of 35,562,947 voting rights  (5.66%)  and is a subsidiary of Morgan Stanley Domestic Holdings, Inc.

 

Morgan Stanley Domestic Holdings, Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder of 59,826,530 voting rights  (9.52%)  and is a subsidiary of Morgan Stanley Capital Management, LLC

 

Morgan Stanley Capital Management, LLC, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder of 59,826,530 voting rights  (9.52%)  and is a subsidiary of Morgan Stanley


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:

Of the total voting rights attached to shares in Section 8A, 3,015,696 (0.48%) of these are the result of a stock borrowing agreement

 

Morgan Stanley's total holding in OCADO Group PLC remains above the 9.00% threshold previously disclosed however, this notification is being made on the basis that Morgan Stanley & Co. LLC, a wholly owned subsidiary of Morgan Stanley, has crossed a relevant threshold in its own right.

14. Contact name:

Craig Horsley

15. Contact telephone number:

+44 141 245-7736

 


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