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Holding(s) in Company

23rd Aug 2016 15:31

RNS Number : 9388H
Ocado Group PLC
23 August 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

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

19.08.2016

6. Date on which issuer notified:

23.08.2016

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

GB00B3MBS747

150,787

150,787

150,787

150,787

0.02%

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 securities lending agreements

N/A

N/A

18,736,918

2.98%

 

 

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

Equity Swap

N/A

01.11.2016

N/A

432,274

N/A

0.07%

Equity Swap

N/A

15.12.2016

N/A

3,553,922

N/A

0.57%

Equity Swap

N/A

06.02.2017

N/A

283,718

N/A

0.05%

Equity Swap

N/A

17.03.2017

N/A

3,136,234

N/A

0.50%

Equity Swap

N/A

30.03.2017

N/A

600,000

N/A

0.10%

Equity Swap

N/A

11.09.2017

N/A

6,730,000

N/A

1.07%

Equity Swap

N/A

04.01.2018

N/A

1,011,831

N/A

0.16%

Equity Swap

N/A

08.01.2018

N/A

1,289,901

N/A

0.21%

Equity Swap

N/A

22.01.2018

N/A

5,206,651

N/A

0.83%

Equity Swap

N/A

12.02.2018

N/A

4,240,722

N/A

0.67%

Equity Swap

N/A

29.06.2018

N/A

402,500

N/A

0.06%

Equity Swap

N/A

19.07.2018

N/A

34,205

N/A

0.01%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

45,809,663

7.29%

 

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

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 18,879,534 voting rights (3.00%) and is a subsidiary of Morgan Stanley Domestic Holdings, Inc.

 

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 26,921,958 voting rights (4.28%) and is a subsidiary 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 45,809,663 voting rights (7.29%) 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 45,809,663 voting rights (7.29%) 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:

Of the total voting rights attached to shares in Section 8A, 142,616 of these are the result of a stock borrowing agreement

 

Morgan Stanley's total holding in OCADO Group PLC remains above the 7.00% threshold previously disclosed however, this notification is being made on the basis that Morgan Stanley & Co. LLC, a wholly owned subsidiary of Morgan Stanley, has crossed a relevant threshold in its own right.

 

14. Contact name:

Craig Horsley

15. Contact telephone number:

+44 141 245-7736

 

 

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