19th Feb 2016 15:37
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
19 February 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 | ||||
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 | 17.02.2016 | |||
6. Date on which issuer notified: | 19.02.2016 | |||
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
|
23,748,008 |
23,748,008 |
9,546,555 |
9,546,555 |
1.08% | ||||||||||
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 |
38,082,522 |
4.31%
| |||||||||||
Depositary Receipt |
N/A |
N/A |
1,528 |
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) | 412.439 |
09-03-2016
| N/A |
21,938
| N/A | 0.00% | |||||||||
Call Option (Cash-settled) | 438.12 | 06-05-2016 | N/A | 24,991 | N/A | 0.00% | |||||||||
Equity Swap (Cash Settled) | N/A | 15-03-2016 | N/A | 10,000,000 | N/A |
1.13%
| |||||||||
Equity Swap (Cash Settled) | N/A | 28-12-2016 | N/A |
3,934,472
| N/A | 0.44% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
61,612,005 |
6.97% | ||||||||||||||
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 57,648,005 voting rights (6.52%) 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 57,648,005 voting rights (6.52%) 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 57,648,005 voting rights (6.52%) 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 57,648,005 voting rights (6.52%) 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 57,648,005 voting rights (6.52%) 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 William Hill Plc remains above the 6% 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: | Wilma Fairholm | |
15. Contact telephone number: | 0141 245 7218 | |
Related Shares:
WMH.L