Ocado Group PLC Holding(s) in Company (7210K)

TIDMOCDO

RNS Number : 7210K

Ocado Group PLC

23 September 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 
------------------------------------------------------------  ------------------------------ 
 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)                                    Morgan Stanley (Institutional 
  subject to the                                                Securities Group and Global 
  notification obligation:                                          Wealth Management) 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                             21.09.2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                                23.09.2016 
  notified: 
-----------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                        6% 
-----------------------------------------------------------  ------------------------------- 
 
 
 
 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   8,171             8,171          41,743            41,743                       0.01% 
               ----------------  -------------  ----------------  ------------  -------------  ---------  ------------ 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration                   Exercise/         Number of voting    % of voting 
 financial         date (xiii)                  Conversion        rights that         rights 
 instrument                                     Period (xiv)      may be 
                                                                  acquired if 
                                                                  the 
                                                                  instrument 
                                                                  is 
                                                                  exercised/ 
                                                                  converted. 
---------------  ---------------------------  ----------------  ------------------  ---------------------------------- 
 Right of 
 recall 
 over 
 securities 
 lending 
 agreements                  N/A                     N/A            17,721,841                     2.82% 
---------------  ---------------------------  ----------------  ------------------  ---------------------------------- 
 
 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) 
-------------  --------------  -------------  --------------  ------------------  ------------------------------------ 
                                                                                     Nominal             Delta 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         15.12.2016         N/A            1,677,683           N/A               0.27% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         30.03.2017         N/A             600,000            N/A               0.10% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         11.09.2017         N/A            7,730,000           N/A               1.23% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         04.01.2018         N/A             889,065            N/A               0.14% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         08.01.2018         N/A            1,117,842           N/A               0.18% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         22.01.2018         N/A            3,504,785           N/A               0.56% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         12.02.2018         N/A            4,195,159           N/A               0.67% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         09.03.2018         N/A             100,000            N/A               0.02% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         29.06.2018         N/A             184,900            N/A               0.03% 
-------------  --------------  -------------  --------------  ------------------  -------------  --------------------- 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  -------------------------------------------------------- 
 37,763,018                                                    6.01% 
------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------- 
 Morgan Stanley Capital Services LLC, c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is a direct 
  holder of 19,999,434 voting rights (3.18%) and is a 
  subsidiary of Morgan Stanley Domestic Holdings, Inc. 
 

  Morgan Stanley Domestic Holdings, Inc., c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is an indirect 
  holder of 37,763,018 voting rights (6.01%) and is a 
  subsidiary of Morgan Stanley Capital Management, LLC 
 
  Morgan Stanley Capital Management, LLC, c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is an indirect 
  holder of 37,763,018 voting rights (6.01%) and is a 
  subsidiary of Morgan Stanley 
 
 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: 
--------------------------------------------------------  ------------------------------- 
 
                                                           Of the total voting rights 
  13. Additional information:                               attached to shares in Section 
                                                            8A, 33,572 (0.01%) of these 
                                                            are the result of a stock 
                                                            borrowing agreement 
--------------------------------------------------------  ------------------------------- 
 14. Contact name:                                         Wilma Fairholm 
--------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                             [phone] 
--------------------------------------------------------  ------------------------------- 
 
 

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September 23, 2016 09:22 ET (13:22 GMT)