Plus500 Limited Holding(s) in Company (7532S)

TIDMPLUS

RNS Number : 7532S

Plus500 Limited

23 December 2016

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                            PLUS500 LTD 
  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) subject                                        Morgan Stanley (Institutional Securities 
  to the                                                                     Group and Global Wealth Management) 
  notification obligation: (iii) 
---------------------------------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------------------  --------------------------------------------- 
 5. Date of the transaction and date                                                     19.12.2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------------------  --------------------------------------------- 
 6. Date on which issuer notified:                                                       23.12.2016 
---------------------------------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                    3%,4%,5%,6% 
---------------------------------------------------------------------  --------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous               Resulting situation after the triggering 
 of               to the 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            Direct (xi)   Indirect       Direct     Indirect 
                                                                                  (xii) 
--------------    -----------    ------------    ----------------  ------------  -------------  ---------  ------------ 
 
  IL0011284465 
                                 ------------    ------------      ------------  -------------             ------------ 
                 Below 3%         Below 3%        2,755,216         2,755,216                    2.40% 
--------------  ---------------  --------------  ----------------  ------------      ---------  ---------  ------------ 
 
 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 may      rights 
 instrument                                      Period (xiv)     be 
                                                                  acquired if the 
                                                                  instrument is 
                                                                  exercised/ 
                                                                  converted. 
----------------  ---------------------------  ----------------  ------------------  ---------------------------------- 
 Right of recall 
 over securities 
 lending 
 agreements                    N/A                     N/A             1,400,000                     1.22% 
----------------  ---------------------------  ----------------  ------------------  ---------------------------------- 
 
 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 rights 
 financial       price          date (xvii)     Conversion      rights instrument    (xix, xx) 
 instrument                                     period          refers to 
                                                (xviii) 
--------------  -------------  --------------  --------------  ------------------  ------------------------------------ 
                                                                                      Nominal             Delta 
--------------  -------------  --------------  --------------  ------------------  -------------  --------------------- 
 Equity Swap         N/A         12.01.2017          N/A            3,100,000           N/A               2.70% 
--------------  -------------  --------------  --------------  ------------------  -------------  --------------------- 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------------------- 
 
   7,255,216                                                      6.32% 
-------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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 
  5,855,216 voting rights (5.10%) 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 5,855,216 voting rights 
  (5.10%) and is a subsidiary of Morgan Stanley UK Group. 
 
  Morgan Stanley UK Group, 25 Cabot Square, LNCS/5, Canary Wharf, London, 
  E14 4QA, UNITED KINGDOM. is an indirect holder of 5,855,216 voting rights 
  (5.10%) 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 5,855,216 voting 
  rights (5.10%) 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 5,855,216 voting rights 
  (5.10%) 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                             N/A 
  cease 
  to hold: 
------------------------------------------------------------------------  ----------------- 
 12. Date on which proxy holder will cease to                              N/A 
  hold 
  voting rights: 

------------------------------------------------------------------------  ----------------- 
 
 
  13. Additional information: 
------------------------------------------------------------------------  ----------------- 
 14. Contact name:                                                         Craig Horsley 
------------------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                             [phone] 
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December 23, 2016 06:39 ET (11:39 GMT)