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Holding(s) in Company

13th Apr 2016 14:43

RNS Number : 1085V
Ocado Group PLC
13 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

Ocado Group 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

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

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

11/04/2016

6. Date on which issuer notified:

13/04/2016

7. Threshold(s) that is/are crossed orreached: vi, vii

 

10%*

 

 

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

 

 

19,646,585

 

 

19,646,585

 

 

18,253,411

 

 

18,253,411

 

 

 

 

2.91%

 

 

GB00B3MBS747

 

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

14,431,238

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

 

Equity Swap

n/a

05-09-2016

n/a

1,405,242

Nominal

Delta

n/a

0.22%

Equity Swap

n/a

15-12-2016

n/a

3,374,444

 

n/a

0.54%

Equity Swap

n/a

17-03-2017

 

n/a

4,543,430

 

n/a

0.72%

Equity Swap

n/a

30-03-2017

 

n/a

 

600,000

 

n/a

0.10%

Equity Swap

n/a

30-05-2017

 

n/a

 

4,900,000

 

n/a

0.78%

Equity Swap

n/a

11-09-2017

n/a

6,730,000

 

n/a

1.07%

Equity Swap

n/a

16-11-2017

n/a

259,300

 

n/a

0.04%

Equity Swap

n/a

04-01-2018

n/a

2,877,733

 

n/a

0.46%

Equity Swap

n/a

08-01-2018

n/a

4,881,834

 

n/a

0.78%

Equity Swap

n/a

22-01-2018

n/a

391,377

 

n/a

0.06%

Equity Swap

n/a

12-02-2018

n/a

1,981,722

 

n/a

0.32%

Equity Swap

n/a

29-03-2018

 

n/a

248,208

 

n/a

0.04%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

64,877,939

 

10.33%

 

 

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 32,193,290 voting rights (5.13%) & 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 32,676,168 voting rights (5.20%), 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

64,877,939 voting rights (10.33%), 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

64,877,939 voting rights (10.33%), and is a subsidiary of Morgan Stanley.

 

 

 

 

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:

Morgan Stanley's total holding in Ocado Group Plc remains above the 10% threshold previously disclosed, however, this notification is being made on the basis that the holding in section 8(a) has crossed a relevant threshold in its own right at the component level.

 

Of the total voting rights attached to shares in Section 8A,18,244,930 2.90% of these are the result of stock borrowing agreements

14. Contact name:

 

Craig Horsley

 

15. Contact telephone number:

0141 245 7736

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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