24th Nov 2014 11:52
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):
20 November 2014
6. Date on which issuer notified:
21 November 2014
7. Threshold(s) that is/are crossed or reached
From 12% - 13%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
Situation previous to the triggering transaction: 159,188,136 Ordinary shares of 0.01p each
Number of voting rights: 159,188,136
Resulting situation after the triggering transaction:
Number of Shares Direct: 159,443,568 ordinary shares of 0.01p each
Number of voting rights Direct: None, Indirect: 159,443,568
Percentage of voting rights Direct: None, Indirect 13.004%
B: Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument | Expiration date | Exercise/Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of Voting rights |
Call Option 0.71302 Call Option 0.73773 Call Option 0.6932 Call Option 0.68414 Call Option 0.65773 Call Option 0.66126 Call Option 0.6857 | 10/02/2015 25/11/2014 11/12/2014 18/12/2014 06/01/2015 15/01/2015 27/01/2015 | N/A N/A N/A N/A N/A N/A N/A | (1,247,095) (889,355) (446,315) (718,265) (3,022,835) (891,609) (1,335,942) | (0.102%) (0.073%) (0.036%) (0.059%) (0.247%) (0.073%) (0.109%) |
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 159,443,568
Percentage of voting rights 13.004%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder Investment Management Limited: 157,182,903 12.819%
Schroder Investment Management North America Limited: 214,576 0.018%
Schroder & Co Limited: 2,046,089 0.167%
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