15th Jul 2008 15:48
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
Entry into a forward contract between Baugur Group hf and Landsbanki Islands hf.
3. Full name of person(s) subject to the notification obligation:
Baugur Group hf
4. Full name of shareholder(s) (if different from 3.):
Landsbanki Islands hf.
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
8 July 2008
6. Date on which issuer notified:
14 July 2008
7. Threshold(s) that is/are crossed or reached
6% threshold crossed on 8 July 2008
8. Notified details:
A: Voting rights attached to shares
N/A
B: Financial Instruments
Resulting situation after the triggering transaction:-
Type of financial instrument: Forward Contract
Expiration date: 11 September 2008
Exercise/conversion period/date: Anytime
No. of voting rights that may be
Acquired (if the instrument is
Exercised/converted): 57,547,879
%age of voting rights: 6.57%
Total A +B
57,547,879 = 6.57%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Baugur Group hf (6.57%)
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 of which proxy holder will cease to hold voting rights:
N/A
13. Additional Information:
The notification is being made as a result of the entry into a forward contract between Baugur Group hf. and Landsbanki Islands hf.
14. Contact Name:
Paul Eardley
Company Secretary
15. Contact telephone number:
020 7408 3529
Related Shares:
Debenhams