Playtech PLC Holding(s) in Company (7931J)

TIDMPTEC

RNS Number : 7931J

Playtech PLC

30 June 2017

 
 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                                               Playtech 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 
  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)                                 Morgan Stanley & Co. International 
  (if different from 3.):(iv)                                                   plc 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                 28.06.2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                    30.06.2017 
  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) 
-------------    ------------    -----------    -----------------  ------------  -------------  ---------  ----------- 
 IM00B7S9G985   9,413,644         9,413,644      10,922,746         10,922,746                   3.44% 
               ----------------  -------------  -----------------  ------------  -------------  ---------  ----------- 
 
 
 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              2,665,522                    0.84% 
---------------  ---------------------------  -----------------  ------------------  --------------------------------- 
 
 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         13.07.2017         N/A              803,937            N/A               0.25% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         29.03.2018         N/A              628,075            N/A               0.20% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         04.04.2018         N/A              946,300            N/A               0.30% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Convertible 
  Bond               N/A         19.11.2019         N/A             1,811,146           N/A               0.57% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------- 
 17,777,726                                                     5.60% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 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, Legal & Compliance 
  Department, 25 Cabot Square, Canary Wharf, London, E14 
  4QA, UNITED KINGDOM. is a direct holder of 17,777,726 
  voting rights (5.60%) and is a subsidiary of Morgan 
  Stanley Investments (UK) 
 
  Morgan Stanley Investments (UK), 20 Bank Street, Canary 
  Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect 
  holder of 17,777,726 voting rights (5.60%) and is a 
  subsidiary of Morgan Stanley International Limited 
 
  Morgan Stanley International Limited, 25 Cabot Square, 
  Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an 
  indirect holder of 17,777,726 voting rights (5.60%) 
  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 17,777,726 voting rights (5.60%) 
  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: 
-------------------------------------------------------  -------------------------------- 
 
                                                          Morgan Stanley's total holding 
  13. Additional information:                              in Playtech plc remains above 
                                                           the 5.00% threshold previously 
                                                           disclosed, however, this 
                                                           notification is being made 
                                                           on the basis that the holding 
                                                           in section 8(a) has crossed 
                                                           a relevant threshold in its 
                                                           own right at the component 
                                                           level. 
-------------------------------------------------------  -------------------------------- 
 14. Contact name:                                        Craig Horsley 
-------------------------------------------------------  -------------------------------- 
 15. Contact telephone number:                            [phone] 
-------------------------------------------------------  -------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 30, 2017 10:16 ET (14:16 GMT)