27th Oct 2016 15:26
The following notification was received today by William Hill PLC, relating to a major interest in shares of William Hill PLC.
Tom Fuller
Assistant Company Secretary
27 October 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | 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: | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||
4. Full name of shareholder(s) (if different from 3.): | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 25.10.2016 | |||
6. Date on which issuer notified: | 27.10.2016 | |||
7. Threshold(s) that is/are crossed orreached: | 7% | |||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares | |||||||||||||||
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 | |||||||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||||||
GB0031698896 | 13,086,386 | 13,086,386 | 0 | 0 | 0.00% | ||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
Call Option (Physically Settled) | 18.11.2016 | N/A | 241,000 | 0.03% | |||||||||||
Depositary Receipt | N/A | N/A | 5,012 | 0.00% | |||||||||||
Right of recall over securities lending agreements | N/A | N/A | 31,543,264 | 3.64% | |||||||||||
| |||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
| ||||||||||
Nominal | Delta | ||||||||||||||
Equity Swap | N/A | 27.10.2016 | N/A | 27,000,000 | N/A | 3.11% | |||||||||
Equity Swap | N/A | 28.12.2016 | N/A | 6,195,277 | N/A | 0.71% | |||||||||
Equity Swap | N/A | 27.02.2017 | N/A | 49,600 | N/A | 0.01% | |||||||||
Equity Swap | N/A | 18.09.2017 | N/A | 25,212 | N/A | 0.00% | |||||||||
Equity Swap | N/A | 27.10.2017 | N/A | 1,515,762 | N/A | 0.17% | |||||||||
Equity Swap | N/A | 03.04.2018 | N/A | 2,266,692 | N/A | 0.26% | |||||||||
Equity Swap | N/A | 03.09.2018 | N/A | 59,387 | N/A | 0.01% | |||||||||
Equity Swap | N/A | 11.10.2018 | N/A | 51,837 | N/A | 0.01% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
68,953,043 | 7.95% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 62,566,718 voting rights (7.21%) 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 62,566,718 voting rights (7.21%) 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 62,566,718 voting rights (7.21%) 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 62,566,718 voting rights (7.21%) 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 62,566,718 voting rights (7.21%) 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 7.00% threshold previously disclosed, however, this notification is being made on the basis that the holding in sections 8(b)+8(c) has crossed a relevant threshold in their own right at the component level. | |
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | +44 141 245-7736 | |
Related Shares:
WMH.L