Ocado Group PLC Holding(s) in Company (6516Y)

TIDMOCDO TIDMJPM

RNS Number : 6516Y

Ocado Group PLC

18 May 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                  Ocado Group plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                    X 
-----------------------------------------------------------------  --------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  --------------------------- 
 An acquisition or disposal of instruments with                                 X 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  --------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  ------  --------------------------- 
 3. Full name of person(s)                                                JPMorgan Chase & Co. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                                     J.P. Morgan Securities Plc 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                        13 May 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                           17 May 2016 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are                                                      6% Downwards 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                              Resulting situation after the 
  of             to the triggering                               triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------------------  ------------------------------------------------------------- 
                Number           Number                         Number       Number of              % of voting 
                 of               of                            of shares     voting                 rights (x) 
                 Shares           Voting                                      rights 
                                  Rights 
-------------  ---------------  -----------------------------  -----------  ---------------------  ------------------------- 
                                                                Direct       Direct     Indirect    Direct        Indirect 
                                                                             (xi)        (xii) 
-------------      -----------      -----------  ------------  -----------  ---------  ----------  ------------  ----------- 
 GB00B3MBS747   1,104,418        1,104,418                                              2,502,132                 0.40% 
               ---------------  -----------------------------  -----------  ---------  ----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                                 Number of voting         % of voting 
 financial           date             Conversion                                rights that              rights 
 instrument          (xiii)           Period (xiv)                              may be 
                                                                                acquired if 
                                                                                the 
                                                                                instrument 
                                                                                is 
                                                                                exercised/ 
                                                                                converted. 
-----------------  ---------------  ----------------------------------------  -----------------------  --------------------- 
 Right to Recall                                                               15,849,532               2.52% 
-----------------  ---------------  ----------------------------------------  -----------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration     Exercise/                  Number of voting         % of voting 
 financial         price           date            Conversion                 rights instrument        rights (xix, 
 instrument                        (xvii)          period                     refers to                xx) 
                                                   (xviii) 
---------------  ---------------  -------------  -------------------------  -----------------------  ----------------------- 
 Cash-settled                                                                17,037,316               Nominal       Delta 
  Equity Swap 
---------------  ---------------  -------------  -------------------------  -----------------------  ------------  --------- 
                                                                                                      2.71% 
-------------      -----------      -----------  ------------    ---------    -------  ----------    ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------------- 
 35,388,980                                                       5.63% 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
 Total disclosable holding for JPMorgan Chase & Co. : 
  35,388,980 (5.63%) 
 
  Direct: J.P. Morgan Securities Plc: 2,502,132 (0.40%) 
  Share; 15,849,532 (2.52 %) Qualifying Financial Instruments; 
  17,037,316 (2.71%) Financial Instruments with similar 
  economic effect to Qualifying Financial Instruments 
 
  Chain of control: 
  JPMorgan Chase & Co. 
  JPMorgan Chase Bank, National Association (100%) 
  J.P. Morgan International Inc. (100%) 
  Bank One International Holdings Corporation (100%) 
  J.P. Morgan International Finance Limited (100%) 
  J.P. Morgan Capital Holdings Limited (100%) 
  J.P. Morgan Chase (UK) Holdings Limited (99.99%) 
  J.P. Morgan Chase International Holdings (100%) 
  J.P. Morgan Securities plc (99.41%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                                         N/A 
---------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy                                                     N/A 
  holder will cease 
  to hold: 
---------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will                                                   N/A 
  cease to hold 
  voting rights: 
---------------------------------------------------------  ------------------------------- 
 
                                                                  Table 8A) Includes stock 
  13. Additional information:                                borrows of 32,657,309 (5.20%) 
---------------------------------------------------------  ------------------------------- 

 14. Contact name:                                                               Tung T Le 
---------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                               0207 742 7272 
---------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 18, 2016 11:43 ET (15:43 GMT)