14th Dec 2015 13:53
The following notification was received today by William Hill PLC, relating to major interests in shares of William Hill PLC.
Dennis Read
Deputy Company Secretary
14 December 2015
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 | 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: 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 | 10.12.2015 | |||
6. Date on which issuer notified: | 14.12.2015 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 8%* | |||
8. Notified details: | ||||||||||||||||||||
A: Voting rights attached to shares viii, ix |
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Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction |
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NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x |
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Direct | Direct xi | Indirect xii | Direct | Indirect |
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GB0031698896
|
323 |
323 |
1,733,423 |
1,733,423 |
0.20% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights |
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Right of Recall over a securities lending agreement |
N/A |
N/A |
36,097,814 |
4.08%
|
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Depositary Receipt |
N/A |
N/A |
1,352 |
0.00% |
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Call Option (Physically-Settled) |
11-12-2015
|
N/A |
564,000 |
0.06% |
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Call Option (Physically-Settled) |
18-12-2015
|
N/A |
121,000 |
0.01% |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
|
| ||||||||||||||
Call Option (Cash-settled) |
334.0
| 15-01-2016 | N/A |
2,076,393
| Nominal | Delta |
| |||||||||||||
N/A | 0.23% |
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Call Option (Cash-settled) | 351.167 | 27-01-2016 | N/A | 141,466
| N/A | 0.02% |
| |||||||||||||
Call Option (Cash-settled) | 381.0
| 29-01-2016 | N/A | 56,035
| N/A | 0.01% |
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Call Option (Cash-settled) | 360.682 | 09-02-2016 | N/A | 113,165
| N/A | 0.01% |
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Call Option (Cash-settled) | 403.56 |
10-02-2016
| N/A |
195,001
| N/A | 0.02% |
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Call Option (Cash-settled) | 412.439 | 09-03-2016 | N/A | 32,003 | N/A | 0.00% |
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Put Option (Cash settled) | 334.0 | 15-01-2016 | N/A | 174,917 | N/A | 0.02% |
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Equity Swap (Cash Settled) | N/A | 15-12-2015 | N/A | 10,000,000
| N/A | 1.13% |
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Equity Swap (Cash Settled) | N/A | 16-12-2015 | N/A | 7,000,000 | N/A | 0.79% |
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Equity Swap (Cash Settled) | N/A | 29-01-2016 | N/A | 8,000,000
| N/A | 0.90%
|
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Equity Swap (Cash Settled) | N/A | 01-04-2016 | N/A | 1,300,773
| N/A | 0.15%
|
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Equity Swap (Cash Settled) | N/A | 28-12-2016 | N/A | 4,299,272
| N/A | 0.49% |
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Equity Swap (Cash Settled) | N/A | 27-10-2017 | N/A | 369,335 | N/A | 0.04% | ||||||||||||||
Total (A+B+C) | ||||||||||||||||||||
Number of voting rights | Percentage of voting rights |
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72,275,949 |
8.17% |
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Morgan Stanley & Co. International plc, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of 67,975,325 voting rights (7.69%) and is a subsidiary of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of 67,975,325 voting rights (7.69%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 67,975,325 voting rights (7.69%) is a subsidiary of Morgan Stanley International Limited.
Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 67,975,325 voting rights (7.69%) 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 67,975,325 voting rights (7.69%) 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 | |
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13. Additional information: | Morgan Stanley's total holding in William Hill Plc remains above the 8% threshold previously disclosed, however, this notification is being made on the basis that the holding in section(s) [8(b), 8(c)] has crossed a relevant threshold in its own right at the component level. | |
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | 0141 245 7736 | |
Related Shares:
WMH.L