Ladbrokes plc Holding(s) in Company (1716N)

TIDMLAD

RNS Number : 1716N

Ladbrokes plc

21 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                   Ladbrokes plc 
  the underlying issuer                                          GB00B0ZSH635 
  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                                Yes 
----------------------------------------------------------------  ----------------------- 
 An acquisition or disposal of qualifying financial                         n/a 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------  ----------------------- 
 An acquisition or disposal of instruments with                             n/a 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  ----------------------- 
 An event changing the breakdown of voting rights                           n/a 
----------------------------------------------------------------  ----------------------- 
 Other (please                                                              n/a 
  specify): 
-------------------------------------------------------  -------  ----------------------- 
 3. Full name of person(s)                                  UBS Investment Bank 
  subject to the                                             UBS Group AG 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                 UBS AG London Branch 
                                                              UBS Limited 
                                                              UBS AG (Switzerland) 
---------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                  18 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                     20 October 2016 
  notified: 
---------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                  3% Section A 
  reached: (vi, vii)                                          5% Section (A+B+C) 
---------------------------------------------------------  ------------------------------ 
 
 
 
 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 voting      % of voting 
                    of              of               of shares     rights                rights (x) 
                    Shares          Voting 
                                    Rights 
----------------  --------------  ---------------  ------------  --------------------  ------------------- 
                                                                  Direct   Indirect     Direct    Indirect 
                                                                  (xi)      (xii) 
----------------    ------------    -------------  ------------  -------  -----------  --------  --------- 
                   No Previous     No Previous 
   GB00B0ZSH635    Disclosure      Disclosure       -             -        31,125,487   -         3.06% 
                  --------------  ---------------  ------------  -------  -----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration      Exercise/                    Number of voting      % of voting 
  instrument          date            Conversion                   rights that           rights 
                      (xiii)          Period (xiv)                 may be 
                                                                   acquired if 
                                                                   the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted. 
------------------  --------------  ---------------------------  --------------------  ------------------- 
 Right to recall 
  lent shares        -               Anytime                      6,796,219             0.67% 
------------------  --------------  ---------------------------  --------------------  ------------------- 
                     from 
                      21-10-2016 
                      to 
 Equity Options       15-06-2018     -                            3,829,120             0.38% 
------------------  --------------  ---------------------------  --------------------  ------------------- 
 
 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) 
-----------------  --------------  --------------  ------------  --------------------  ------------------- 
 Equity Swaps       -               from            -             13,088,659            Nominal   Delta 
                                     14.11.2016 
                                     to 
                                     25.09.2018 
-----------------  --------------  --------------  ------------  --------------------  --------  --------- 
                                                                                        1.28%     - 
----------------    ------------    -------------  ------------  -------  -----------  --------  --------- 
                                    from 
 Equity Options     From             21-10-2016 
  (physically        180             to 
  settled)           to 320          21-12-2018     -             3,197,600             0.31%     - 
-----------------  --------------  --------------  ------------  --------------------  --------  --------- 
 Equity Futures     -               21-10-2016      -             60,000                          0.01% 
-----------------  --------------  --------------  ------------  --------------------  --------  --------- 
                                    from 
                                     27-10-2016 
 Equity options                      to 
  (cash settled)    -                15-11-2016     -             198,973               -         0.02% 
-----------------  --------------  --------------  ------------  --------------------  --------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------- 
 58,296,058                                                       5.72% 
---------------------------------------------------------------  ----------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
 
        UBS Group AG is a group holding company for UBS Investment 
        Bank business. Voting rights are held through its controlled 
        undertakings as set out below. 
 
        UBS AG: 
         *    directly through its branches: UBS AG London Branch - 
              50,215,994 (4.93%); 
 
 
         *    indirectly through its subsidiaries: UBS Limited - 
              1,708,804 (0.17%); and 
 
 
         *    indirectly through its subsidiaries: UBS AG 
              (Switzerland) - 6,371,260 (0.63%) 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------------------------  ---------------------------- 

 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
---------------------------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
---------------------------------------------------------------------  ---------------------------- 
 
 
  13. Additional information: 
---------------------------------------------------------------------  ---------------------------- 
 14. Contact name:                                                      Jamie Bonney / Raphael Lang 
---------------------------------------------------------------------  ---------------------------- 
 15. Contact telephone number:                                          [phone] 
---------------------------------------------------------------------  ---------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 21, 2016 05:15 ET (09:15 GMT)