21st Mar 2016 11:16
The following notification was received on 18th March by William Hill PLC, relating to major interests in shares of William Hill PLC.
Dennis Read
Deputy Company Secretary
21 March 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 | ||||
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 | 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 | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 16.03.2016 | |||
6. Date on which issuer notified: | 18.03.2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 7%* | |||
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 | 6,805,943 | 6,805,943 | 5,719,424 | 5,719,424 | 0.65% | ||||||||||
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 |
47,568,974 |
5.38%
| |||||||||||
Depositary Receipt |
N/A |
N/A |
4,620 |
0.00% | |||||||||||
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
| ||||||||||
Nominal | Delta | ||||||||||||||
Call Option (Cash-settled) | 438.12 | 06-05-2016 | N/A | 7,041 | N/A | 0.00% | |||||||||
Equity Swap (Cash Settled) | N/A | 15-06-2016 | N/A | 10,000,000 | N/A |
1.13%
| |||||||||
Equity Swap (Cash Settled) | N/A | 28-11-2016 | N/A |
278,000
| N/A | 0.03% | |||||||||
Equity Swap (Cash Settled) | N/A | 28-12-2016 | N/A |
3,934,472
| N/A | 0.45% | |||||||||
Equity Swap (Cash Settled) | N/A | 20-01-2017 | N/A |
197,999
| N/A | 0.02% | |||||||||
Equity Swap (Cash Settled) | N/A | 01-02-2018 | N/A |
289,000
| N/A | 0.03% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
67,999,530 |
7.69% | ||||||||||||||
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, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of 64,060,438 voting rights (7.25%) and is a subsidiary of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of 64,060,438 voting rights (7.25%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 64,060,438 voting rights (7.25%) is a subsidiary of Morgan Stanley International Limited.
Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 64,060,438 voting rights (7.25%) 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 64,060,438 voting rights (7.25%) 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 cease to hold: | N/A | |
12. Date on which proxy holder will cease to hold voting rights: | N/A | |
| ||
13. Additional information: | Morgan Stanley's total holding in William Hill PLC remains above the 7% threshold previously disclosed, however, this notification is being made on the basis that the holding in section(s) 8(b)+8(c) has crossed a relevant threshold in its own right at the component level | |
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | 0141 245 7736 | |
Related Shares:
WMH.L