Debenhams plc Holding(s) in Company (2860O)

TIDMDEB TIDMSLA

RNS Number : 2860O

Debenhams plc

17 August 2017

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Debenhams plc

1b. Please indicate if the issuer is non-UK issuer:

Non-UK Issuer

   2.         Reason for the notification 

Completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017. As a consequence various investment management companies having delegated voting rights across a number of client portfolios have become affiliated entities (per FCA Glossary definition) and threshold limits have been triggered.

   3.         Full name of person(s) subject to the notification obligation: 

Aggregate of Standard Life Aberdeen plc affiliates investment management entities with delegated voting rights on behalf of multiple managed portfolios.

City and country registered office: Edinburgh, Scotland

4. Full name of shareholder(s) (if different from 3):

N/A

5. Date on which the threshold was crossed or reached:

14 August 2017

6. Date on which issuer notified:

16 August 2017

7. Total positions of person(s) subject to the notification obligation

Resulting situation on the date on which threshold was crossed or reached:

Percentage of voting rights attached to shares: 8.18%

Percentage of voting rights through financial instruments: 0.00%

Total in percentage: 8.18%

Total number of voting rights of issuer: 1,227,822,150

Position of previous notification:

Percentage of voting rights attached to shares: N/A

Percentage of voting rights through financial instruments: N/A

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------- 
 Class/type        Number of voting rights(ix)     % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------- 
                      Direct         Indirect         Direct         Indirect 
                     (Art 9 of       (Art 10 of      (Art 9 of       (Art 10 of 
                     Directive       Directive       Directive       Directive 
                    2004/109/EC)    2004/109/EC)    2004/109/EC)    2004/109/EC) 
                      (DTR5.1)       (DTR5.2.1)       (DTR5.1)       (DTR5.2.1) 
----------------  --------------  --------------  --------------  -------------- 
 GB00B126KH97      0.00            100,446,970     0.00            8.18 
----------------  --------------  --------------  --------------  -------------- 
 
 SUBTOTAL 
  8. A                      100,446,970                        8.18 
----------------  ------------------------------  ------------------------------ 
 

B: Financial Instruments according to Art.13 (1) (a) of Directive 2004/109/EC

N/A

B 2: Financial Instruments with similar economic effect

N/A

Resulting situation after the triggering transaction:

   9.   Information in relation to the person subject to the notification obligation 
 
 Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which                           X 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
-------------------------------------------------------------------  --------------------- 
          Name(xv)             % of voting        % of voting            Total of both 
                                  rights         rights through           if it equals 
                                  if it       financial instruments       or is higher 
                                  equals          if it equals         than the notifiable 
                                  or is           or is higher              threshold 
                                  higher       than the notifiable 
                                 than the           threshold 
                                notifiable 
                                threshold 
----------------------------  ------------  -----------------------  --------------------- 
 Standard Life Investments 
  Limited                      5.62          0.00                     5.62 
----------------------------  ------------  -----------------------  --------------------- 
 Aberdeen Asset Managers 
  Limited                      0.19          0.00                     0.19 
----------------------------  ------------  -----------------------  --------------------- 
 Aberdeen Asset Investments 
  Limited                      2.37          0.00                     2.37 
----------------------------  ------------  -----------------------  --------------------- 
 
 

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

As a result of the completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017, this notification details the assets under management of the new Combined Group ('Standard Life Aberdeen plc') as of the dates noted above.

In reference to section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional Information:

N/A

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone [phone]

Debenhams plc

LEI5493007MMUEIF4NJG110

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 17, 2017 06:04 ET (10:04 GMT)