Ocado Group PLC Holding(s) in Company (2719U)

TIDMOCDO

RNS Number : 2719U

Ocado Group PLC

16 January 2017

 
 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                                               12.01.2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                  16.01.2017 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                                 5%* 
  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   8,171             8,171          594,834            594,834                      0.09% 
               ----------------  -------------  -----------------  ------------  -------------  ---------  ----------- 
 
 
 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             16,750,323                    2.66% 
---------------  ---------------------------  -----------------  ------------------  --------------------------------- 
 
 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         30.03.2017         N/A              600,000            N/A               0.10% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         11.09.2017         N/A             8,690,000           N/A               1.38% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         22.01.2018         N/A              156,164            N/A               0.02% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         12.02.2018         N/A             4,672,094           N/A               0.74% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         29.06.2018         N/A              104,899            N/A               0.02% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         19.07.2018         N/A              43,243             N/A               0.01% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------- 
 31,611,557                                                     5.02% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------- 
 
 
 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, 586,663 (0.09%) of these 

                                                           are the result of a stock 
                                                           borrowing agreement 
 
                                                           Morgan Stanley's total holding 
                                                           in OCADO Group PLC remains 
                                                           above the 5% threshold previously 
                                                           disclosed, however, this 
                                                           notification is being made 
                                                           on the basis that the holding 
                                                           in sections 8(b)+8(c) has 
                                                           crossed a relevant threshold 
                                                           in their own right at the 
                                                           component level. 
-------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                        Wilma Fairholm 
-------------------------------------------------------  ----------------------------------- 
 15. Contact telephone number:                            [phone] 
-------------------------------------------------------  ----------------------------------- 
 
 

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January 16, 2017 08:04 ET (13:04 GMT)