26th Aug 2014 09:31
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:
Debenhams plc
2. Reason for the notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Schroders plc
4. Full name of shareholder(s) (if different from 3):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
21 August 2014
6. Date on which issuer notified:
22 August 2014
7. Threshold(s) that is/are crossed or reached
15% - 14%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
Situation previous to the triggering transaction: Ordinary shares of 0.01p each - 195,840,122
Number of voting rights: 195,840,122
Resulting situation after the triggering transaction:
Number of Shares Direct: 179,585,845 ordinary shares of 0.01p each
Number of voting rights Direct: None, Indirect: 179,585,845
Percentage of voting rights Direct: None, Indirect 14.647%
B: Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument | Expiration date | Exercise/Convesrion Period | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of Voting rights |
Call Option 0.84584 Call Option 0.80483 Call Option 0.78784 Call Option 0.74419 Call Option 0.72023 Call Option 0.7417 Call Option 0.73012 | 27/08/2014 11/09/2014 18/09/2014 07/10/2014 16/10/2014 08/10/2014 01/11/2014 | N/A N/A N/A N/A N/A N/A N/A | (441,479) (758,837) (716,870) (822,799) (697,486) (574,991) (392,565) | (0.036%) (0.062%) (0.058%) (0.067%) (0.057%) (0.047%) (0.032%) |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting Situation after the triggering transaction:
Type of financial instrument | Exercise Price | Expiration date | Exercise / Conversion period | Number of voting rights instrument refers to | % of voting rights | |
Total A +B+C
Number of voting rights 179,585,845
Percentage of voting rights 14.647%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder Investment Management Limited: 177,940,749 14.512%
Schroder Investment Management North America Limited 232,936 0.019%
Schroder & Co Limited: 1,412,160 0.115%
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:
The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.
14. Contact Name/Telephone Number:
Paul Eardley
Company Secretary
Telephone 020 3549 6000
Related Shares:
DebenhamsSchroders