16th Apr 2014 16:28
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Debenhams plc
2. Reason for the notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Schroders plc
4. Full name of shareholder(s) (if different from 3):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
15 April 2014
6. Date on which issuer notified:
16 April 2014
7. Threshold(s) that is/are crossed or reached
18%-17%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
Situation previous to the triggering transaction: Ordinary shares of 0.01p each - 232,610,028
Number of voting rights: 232,220,602
Resulting situation after the triggering transaction:
Number of Shares Direct: 219,259,336 ordinary shares of 0.01p each
Number of voting rights Direct: None, Indirect: 218,985,878
Percentage of voting rights Direct: None, Indirect 17.860%
B: Financial Instruments
Type of Qualifying financial instrument | Exercise Price | Expiration date | Exercise / Conversion period | Number of voting rights instrument refers to | % of voting rights |
Call Option | 0.95785 | 16/04/2014 | N/A | -1,846,200 | -0.151 |
Call Option | 0.87532 | 29/04/2014 | N/A | -1,263,794 | -0.103 |
Call Option | 0.89359 | 14/05/2014 | N/A | -994,735 | -0.081 |
Call Option | 0.8625 | 28/05/2014 | N/A | -849,898 | -0.069 |
Call Option | 0.88107 | 16/06/2014 | N/A | -1,358,868 | -0.111 |
Call Option | 0.82341 | 19/06/2014 | N/A | -1,061,127 | -0.087 |
Call Option | 0.90566 | 08/07/2014 | N/A | -932,570 | -0.076 |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting Situation after the triggering transaction:
Type of financial instrument | Exercise Price | Expiration date | Exercise / Conversion period | Number of voting rights instrument refers to | % of voting rights | |
Nominal | Delta | |||||
CFD | N/A | N/A | N/A | 4,191 | 0.000% | 1 |
Total A +B+C
Number of voting rights 218,990,069
Percentage of voting rights 17.860%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder Investment Management Limited: 217,203,326 17.714%
Schroder Investment Management North America Limited 374,583 0.031%
Schroder & Co Limited: 1,412,160 0.115%
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:
The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.
14. Contact Name/Telephone Number:
Paul Eardley
Company Secretary
Telephone 020 3549 6000
Related Shares:
Debenhams