Pace Plc Holding(s) In Company

 
TIDMPIC 
 
 
 
 
For filings with the FCA include the annex 
For filings with issuer exclude the annex 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
1. Identity of the issuer or the underlying issuer                                      Pace plc 
 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                                              X 
 instruments which may result in the acquisition of 
 shares already issued to which voting rights are attached 
An acquisition or disposal of instruments with similar 
 economic effect to qualifying financial instruments 
An event changing the breakdown of voting rights 
Other (please specify): 
3. Full name of person(s) subject to the                                           Morgan Stanley 
 notification obligation: (iii)                                   (Institutional Securities Group and Global Wealth 
                                                                                     Management) 
4. Full name of shareholder(s)                                         Morgan Stanley & Co. International plc 
 (if different from 3.):(iv) 
5. Date of the transaction and date on                                               28.12.2015 
 which the threshold is crossed or 
 reached: (v) 
6. Date on which issuer notified:                                                    30.12.2015 
7. Threshold(s) that is/are crossed or                                                       11%* 
 reached: (vi, vii) 
 
 
 
 
8. Notified details: 
A: Voting rights attached to shares (viii, ix) 
Class/type of 
 shares              Situation previous 
 if possible using    to the triggering 
 the ISIN CODE        transaction                      Resulting situation after the triggering transaction 
                                   Number 
                     Number         of 
                      of            Voting             Number of                   Number of voting 
                      Shares        Rights             shares                       rights                                         % of voting rights (x) 
                                                       Direct                      Direct (xi)          Indirect (xii)             Direct         Indirect 
 
                                                                                                                                       3.99% 
GB0006672785          12,092,121       12,092,121              13,068,799              13,068,799 
 
B: Qualifying Financial Instruments 
Resulting situation after the triggering transaction 
                                                                                                                 Number of voting 
                                                                                                               rights that may be 
                                                                                                                  acquired if the 
Type of financial      Expiration                                       Exercise/                                   instrument is                     % of voting 
 instrument           date (xiii)                         Conversion Period (xiv)                           exercised/ converted.                          rights 
Right of Recall 
 over a securities 
 lending agreement            N/A                                             N/A                                      25,841,728                           7.89% 
 
C: Financial Instruments with similar economic effect 
 to Qualifying Financial Instruments (xv, xvi) 
Resulting situation after the triggering transaction 
Type of financial    Exercise      Expiration date     Exercise/                   Number of voting rights instrument refers to    % of voting rights (xix, xx) 
 instrument          price         (xvii)               Conversion period (xviii) 
                                                                                                                                   Nominal        Delta 
 
 
Total (A+B+C) 
Number of voting rights                                Percentage of voting rights 
 
    38,910,527                                           11.87% 
 
 
 
 
9. Chain of controlled undertakings through which 
 the voting rights and/or the 
 financial instruments are effectively held, if applicable: 
 (xxi) 
 
  Morgan Stanley & Co. International plc, 25 Cabot Square, 
  Canary Wharf, London E14 4QA is a direct holder of 
  38,910,527 voting rights (11.87%) and is a subsidiary 
  of Morgan Stanley Investments (UK) 
  Morgan Stanley Investments (UK), 20 Bank Street, Canary 
  Wharf, London E14 4AD is an indirect holder of 38,910,527 
  voting rights (11.87%) and is a subsidiary of Morgan 
  Stanley UK Group 
  Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, 
  London E14 4QA is an indirect holder of 
  38,910,527 voting rights (11.87%) and is a subsidiary 
  of Morgan Stanley International Limited 
  Morgan Stanley International Limited, 25 Cabot Square, 
  Canary Wharf, London E14 4QA is an indirect holder 
  of 38,910,527 voting rights (11.87%) and is a subsidiary 
  of Morgan Stanley International Holdings Inc. 
  Morgan Stanley International Holdings Inc., c/o The 
  Corporation Trust Company (DE), Corporation Trust 
  Center, 1209 Orange Street, Wilmington, Delaware 19801, 
  USA is an indirect holder of 
  38,910,527 voting rights (11.87%) and is a subsidiary 
  of Morgan Stanley. 
 
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 
 
 
                                                        Morgan Stanley's total holding in Pace plc remains 
                                                        above the 11% threshold previously disclosed, however, 
                                                        this notification is being made on the basis that 
                                                        the holding in section 8(b), has crossed a relevant 
 13. Additional information:                            threshold in its own right at the component level. 
14. Contact name:                                     Dawn Edward 
15. Contact telephone number:                                                                     01274 538201 
 
 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Pace plc via Globenewswire 
 
   HUG#1976314 
 
 
  http://www.pace.com/ 
 

(END) Dow Jones Newswires

December 31, 2015 10:34 ET (15:34 GMT)

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