23rd Mar 2015 12:03
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):
17 March 2015
6. Date on which issuer notified:
20 March 2015
7. Threshold(s) that is/are crossed or reached
From 13% - 12%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
Situation previous to the triggering transaction: 159,443,568 Ordinary shares of 0.01p each
Number of voting rights: 159,443,568
Resulting situation after the triggering transaction:
Number of Shares Direct: 159,457,201 ordinary shares of 0.01p each
Number of voting rights Direct: None, Indirect: 159,457,201
Percentage of voting rights Direct: None, Indirect 12.999%
B: Financial Instruments
Resulting situation after the triggering transaction:
Type of financial instrument | Expiration date | Exercise/Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of Voting rights |
Call Option 0.85945 Call Option 0.83492 Call Option 0.86295 Call Option 0.89292 Call Option 0.87548
| 08/04/2015 28/04/2015 12/05/2015 27/05/2015 11/06/2015
| N/A N/A N/A N/A N/A
|
(1,128,347) (659,714) (668,719) (843,228) (580,428)
| (0.092%) (0.054%) (0.055%) (0.069%) (0.047%)
|
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 | |
Total A +B+C
Number of voting rights 159,457,201
Percentage of voting rights 12.999%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder Investment Management Limited: 156,954,191 12.795%
Schroder Investment Management North America Limited: 214,576 0.017%
Schroder & Co Limited: 2,288,434 0.187%
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:
DebenhamsSchroders