Debenhams plc Holding(s) in Company (9971U)

TIDMDEB TIDMSPD

RNS Number : 9971U

Debenhams plc

30 October 2017

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Debenhams plc

   2.         Reason for the notification 

An event changing the breakdown of voting rights

   3.         Full name of person(s) subject to the notification obligation: 

Sports Direct International plc

(Which is controlled by MASH Holdings Limited which is controlled by Mike Ashley)

City and country of registered office: Shirebrook, UK

4. Full name of shareholder(s) (if different from 3):

N/A

5. Date on which the threshold was crossed or reached:

27 October 2017

6. Date on which issuer notified:

30 October 2017

7. Total positions of person(s) subject to the notification obligation

Resulting situation on the date on which threshold was crossed or reached:

Percentage of voting rights attached to shares: 12.64%

Percentage of voting rights through financial instruments: 8.56%

Total in percentage: 21.20%

Total number of voting rights of issuer: 1,227,822,150

Position of previous notification:

Percentage of voting rights attached to shares: 11.59%

Percentage of voting rights through financial instruments: 9.61%

Total in percentage: 21.20%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Direct: 155,223,201

Percentage of voting rights: 12.64%

B1: Financial Instruments according to Art.13 (1) (a) of Directive 2004/109/EC

N/A

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

 
 Type of                  Expiration     Exercise/      Physical            Number          % of voting 
  financial                date(x)        Conversion     or cash             of voting       rights 
  instrument                              Period         settlement(xii)     rights 
                                          (xi) 
-----------------------  -------------  -------------  ------------------  --------------  ------------ 
                          1 Nov 2017 
                           6 Nov 2017 
 Put Option                9 Nov 2017 
  Agreement                14 Nov 
  with Goldman             2017 
  Sachs International      17 Nov 
  over ordinary            2017 
  shares                   22 Nov 
  (disclosed               2017 
  on 23 January            27 Nov 
  2015 and                 2017 
  12 May                   30 Nov 
  2016)                    2017            n/a            physical            103,141,691     8.40% 
-----------------------  -------------  -------------  ------------------  --------------  ------------ 
 Contract 
  for Differences 
  with Monecor(London) 
  Limited                 n/a            n/a            cash                1,957,023       0.16% 
-----------------------  -------------  -------------  ------------------  --------------  ------------ 
 
      SUBTOTAL 
      8.B.2                                                                   105,098,714       8.56% 
   ----------------------------------------------------------------------  --------------  ------------ 
 
   9.   Information in relation to the person subject to the notification obligation 
 
 Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which                      x 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
--------------------------------------------------------------  --------------------- 
      Name(xv)          % of voting          % of voting            Total of both 
                        rights if it        rights through           if it equals 
                        equals or is     financial instruments       or is higher 
                        higher than          if it equals         than the notifiable 
                       the notifiable        or is higher              threshold 
                         threshold        than the notifiable 
                                               threshold 
-------------------  ----------------  -----------------------  --------------------- 
 Mike Ashley 
-------------------  ----------------  -----------------------  --------------------- 
 MASH Holdings 
  Limited 
-------------------  ----------------  -----------------------  --------------------- 
 MASH Beta Limited 
-------------------  ----------------  -----------------------  --------------------- 
 Sports Direct 
  International 
  plc                 12.64%            8.56%                    21.20% 
-------------------  ----------------  -----------------------  --------------------- 
 
 
 

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

13. Additional Information:

N/A

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone [phone]

Debenhams plc

LEI5493007MMUEIF4NJG110

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 30, 2017 10:23 ET (14:23 GMT)