Holding(s) in Company

Holding(s) in Company

Ocado Group

RNS Number : 5258P
Ocado Group PLC
19 February 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


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

x

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

Morgan Stanley & Co. LLC

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

16/02/2016

6. Date on which issuer notified:

18/02/2016

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

 

11%*

 


 

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


 

 

20,913,315

 

 

20,913,315

 

 

20,820,898

 

 

20,820,898

 

 

 

 

3.53%

 

 

GB00B3MBS747

 


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 a securities lending agreement

n/a

n/a

13,552,644

2.30%


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

 

Equity Swap

n/a

30-03-2016

n/a

 

600,000

Nominal

Delta

n/a

0.10%

Equity Swap

n/a

31-03-2016

n/a

716,196

 

n/a

0.12%

Equity Swap

n/a

05-09-2016

n/a

1,405,242

 

n/a

0.24%

Equity Swap

n/a

15-12-2016

n/a

3,354,977

 

n/a

0.57%

Equity Swap

n/a

17-03-2017

 

n/a

4,121,449

 

n/a

0.70%

Equity Swap

n/a

30-05-2017

n/a

 

4,900,000

 

n/a

0.83%

Equity Swap

n/a

04-09-2017

n/a

2,145,800

 

n/a

0.36%

Equity Swap

n/a

11-09-2017

n/a

6,730,000

 

n/a

1.14%

Equity Swap

n/a

16-11-2017

n/a

259,300

 

n/a

0.04%

Equity Swap

n/a

07-12-2017

n/a

339,684

 

n/a

0.06%

Equity Swap

n/a

12-02-2018

n/a

950,000

 

n/a

0.16%

Equity Swap

n/a

04-01-2018

n/a

2,877,733

 

n/a

0.49%

Equity Swap

n/a

08-01-2018

n/a

4,881,834

 

n/a

0.83%

Equity Swap

n/a

22-01-2018

n/a

391,377

 

n/a

0.07%


Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

68,047,134

 

11.53%

 

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

 

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 33,673,592 voting rights (5.71%) & 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  34,365,061 voting rights (5.82%), each are subsidiaries 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

68,047,134 voting rights (11.53%), 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

68,047,134 voting rights (11.53%), 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, 20,812,417 (3.53%) of these are the result of stock borrowing agreements.

 

Morgan Stanley's total holding in Ocado Group Plc remains above the 11% threshold previously disclosed, however, this notification is being made on the basis that the holding in section(s) 8(b), 8(c) have crossed a relevant threshold in there own right at the component level.

14. Contact name:

 

Craig Horsley

 

15. Contact telephone number:

0141 245 7736

 

 

 

 

 

 

 

 

 


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