Debenhams plc Holding(s) in Company (5928O)

TIDMDEB TIDMSPD

RNS Number : 5928O

Debenhams plc

22 August 2017

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 financial instruments

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

Sports Direct International plc

(Which is controlled by MASH Holdings Limited which is controlled by Mike Ashley)

City and country of registered office: Shirebrook, UK

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

N/A

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

18 August 2017

6. Date on which issuer notified:

21 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: 0%

Percentage of voting rights through financial instruments: 21.04%

Total in percentage: 21.04%

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

Position of previous notification:

Percentage of voting rights attached to shares: 0%

Percentage of voting rights through financial instruments: 20.27%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

N/A

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

N/A

B 2: Financial Instruments with similar economic effect

Resulting situation after the triggering transaction:

 
 Type of                 Expiration     Exercise/      Physical            Number          % of voting 
  financial               date(x)        Conversion     or cash             of voting       rights 
  instrument                             Period         settlement(xii)     rights 
                                         (xi) 
----------------------  -------------  -------------  ------------------  --------------  ------------ 
                         24 Oct 
                          2017 
                          27 Oct 
                          2017 
                          1 Nov 2017 
                          6 Nov 2017 
 Put Option               9 Nov 2017 
  Agreement               14 Nov 
  with Goldman            2017 
  Sachs International     17 Nov 
  over ordinary           2017 
  shares                  22 Nov 
  (disclosed              2017 
  on 23 January           27 Nov 
  2015 and                2017 
  12 May                  30 Nov 
  2016)                   2017            n/a            physical            128,927,113      10.50% 
----------------------  -------------  -------------  ------------------  --------------  ------------ 
 Contract 
  for Differences 
  with Monecor 
  (London) 
  Limited                n/a            n/a            cash                129,437,779     10.54% 
----------------------  -------------  -------------  ------------------  --------------  ------------ 
    SUBTOTAL 
     8.B.2                                                                 258,364,892     21.04% 
   ---------------------------------------------------------------------  --------------  ------------ 
 
   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 if it         rights through           if it equals 
                        equals or is      financial instruments       or is higher 
                         higher than          if it equals         than the notifiable 
                       the notifiable         or is higher              threshold 
                          threshold        than the notifiable 
                                                threshold 
-------------------  -----------------  -----------------------  --------------------- 
 Mike Ashley 
-------------------  -----------------  -----------------------  --------------------- 
 MASH Holdings 
  Limited 
-------------------  -----------------  -----------------------  --------------------- 
 MASH Beta Limited 
-------------------  -----------------  -----------------------  --------------------- 
 Sports Direct 
  International 
  plc                                    21.04%                   21.04% 
--------------------------------------  -----------------------  --------------------- 
 
 
 

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:

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 22, 2017 02:01 ET (06:01 GMT)