25th Jul 2016 17:48
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 | ||||
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 | 21.07.2016 | |||
6. Date on which issuer notified: | 25.07.2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 8%* | |||
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 | 1,255,973 | 1,255,973 | 410,339 | 410,339 | 0.07% | ||||||||||
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 | 23,525,624 | 3.74% | |||||||||||
| |||||||||||||||
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 | 166,609 | N/A | 0.03% | |||||||||
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 | 127,383 | N/A | 0.02% | |||||||||
Equity Swap | N/A | 17.03.2017 | N/A | 2,886,234 | N/A | 0.46% | |||||||||
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 | 2,865,367 | N/A | 0.46% | |||||||||
Equity Swap | N/A | 08.01.2018 | N/A | 4,839,565 | N/A | 0.77% | |||||||||
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 | 4,051,722 | N/A | 0.64% | |||||||||
Equity Swap | N/A | 29.06.2018 | N/A | 452,500 | N/A | 0.07% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
55,415,916 | 8.82% | ||||||||||||||
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 23,927,792 voting rights (3.81%) 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 31,479,953 voting rights (5.01%) 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 55,415,916 voting rights (8.82%) 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 55,415,916 voting rights (8.82%) 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, 402,168 (0.06%) of these are the result of a stock borrowing agreement.
Morgan Stanley's total holding in OCADO Group PLC remains above the 8% threshold previously disclosed however, this notification is being made on the basis that Morgan Stanley Capital Services LLC, a wholly owned subsidiary of Morgan Stanley, has crossed a relevant threshold in its own right.
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14. Contact name: | Craig Horsley | |
15. Contact telephone number: | +44 141 245-7736 | |
Related Shares:
Ocado