19th Feb 2016 07:00
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: 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 thenotification 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 onwhich the threshold is crossed orreached: v | 16/02/2016 | ||||
6. Date on which issuer notified: | 18/02/2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii |
11%*
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8. Notified details: | ||||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||
20,913,315 |
20,913,315 |
20,820,898 |
20,820,898 |
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3.53% |
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GB00B3MBS747
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B,: Qualifying Financial Instruments | ||||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||||
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 financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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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 thefinancial 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.
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Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting 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
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15. Contact telephone number: | 0141 245 7736 | |
Related Shares:
Ocado