30th Jun 2008 15:23
RNS Number : 9009X
Debenhams plc
30 June 2008
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
Settlement of the total return swap arrangement over 58,452,121 ordinary shares between Unity One ehf. and UBS AG.
3. Full name of person(s) subject to the notification obligation:
Unity Investments ehf., Unity One ehf.
4. Full name of shareholder(s) (if different from 3.):
UBS AG
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
25 June 2008
6. Date on which issuer notified:
27 June 2008
7. Threshold(s) that is/are crossed or reached
3%
8. Notified details:
A: Voting rights attached to shares
N/A
B: Financial Instruments
N/A
Total A +B
0
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Through Unity One ehf. (which is controlled by Unity Investments ehf.) (6.805%)
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 of which proxy holder will cease to hold voting rights:
N/A
13. Additional Information:
The notification is being made as a result of the settlement of the total return swap arrangement over 58,452,121 ordinary shares between Unity One ehf. and UBS AG. The total return swap arrangement over 57,547,879 ordinary shares between Baugur Group hf. and UBS AG remains in place.
14. Contact Name:
Paul Eardley
Company Secretary
15. Contact telephone number:
020 7408 3529
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Debenhams