27th Apr 2016 16:55
The following notification was received today by William Hill PLC, relating to major interests in shares of William Hill PLC.
Dennis Read
Deputy Company Secretary
27 April 2016
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 | William Hill PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | X | |||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
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. International plc
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 25.04.2016 | |||
6. Date on which issuer notified: | 27.04.2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 6%* | |||
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 | |||||||||||
GB0031698896 | 782,942 | 782,942 | 39,352,282 | 39,352,282 | 4.50% | ||||||||||
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 | |||||||||||
Depositary Receipt | N/A | N/A | 3,908 | 0.00% | |||||||||||
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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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Nominal | Delta | ||||||||||||||
Call Option (Cash Settled) | 438.12 | 06.05.2016 | N/A | 1 | N/A | 0.00% | |||||||||
Equity Swap | N/A | 15.06.2016 | N/A | 10,000,000 | N/A | 1.14% | |||||||||
Equity Swap | N/A | 28.12.2016 | N/A | 3,934,472 | N/A | 0.45% | |||||||||
Equity Swap | N/A | 20.01.2017 | N/A | 168,006 | N/A | 0.02% | |||||||||
Equity Swap | N/A | 27.10.2017 | N/A | 553,376 | N/A | 0.06% | |||||||||
Equity Swap | N/A | 03.04.2018 | N/A | 1,687,297 | N/A | 0.19% | |||||||||
Equity Swap | N/A | 20.04.2018 | N/A | 2,099,605 | N/A | 0.24% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
57,798,947 | 6.60% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 51,760,962 voting rights (5.91%) and is a subsidiary of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect holder of 51,760,962 voting rights (5.91%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, LNCS/5, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 51,760,962 voting rights (5.91%) and is a subsidiary of Morgan Stanley International Limited
Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 51,760,962 voting rights (5.91%) and is a subsidiary of Morgan Stanley International Holdings Inc.
Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder of 51,760,962 voting rights (5.91%) 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 | |
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13. Additional information: | Morgan Stanley's total holding in William Hill PLC remains above the 6.00% threshold previously disclosed, however, this notification is being made on the basis that the holdings in sections 8(a) and 8(b) + 8(c) have crossed a relevant threshold in their own right at the component level.
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14. Contact name: | Craig Horsley | |
15. Contact telephone number: | +44 141 245-7736 | |
Related Shares:
WMH.L