Holding(s) in Company

    RNS Number : 9013X
  Debenhams plc
  30 June 2008
   

    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     

    Entry into a forward contract between Unity One ehf. and Landsbanki Islands hf.

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

    Unity Investments ehf., Unity One ehf.
    4. Full name of shareholder(s) (if different from 3.):

    Landsbanki Islands hf.
    5. Date of the transaction (and date on which the threshold is crossed or reached if different):

    25 June 2008

    6. Date on which issuer notified:

    27 June 2008
    7. Threshold(s) that is/are crossed or reached

    6%
    8. Notified details:

    A: Voting rights attached to shares

    N/A

    B: Financial Instruments

    Resulting situation after the triggering transaction:-
    Type of financial instrument:    Forward Contract
    Expiration date:            30 August 2008
    Exercise/conversion period/date:    Anytime following 30 June 2008
    No. of voting rights that may be
    Acquired (if the instrument is
    Exercised/converted):        58,452,121
    %age of voting rights:        6.805%

    Total A +B

    58,452,121 = 6.805%

    9.  Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if
applicable.

    Through Unity One ehf. (which is controlled by Unity Investments ehf.) (6.805%)
    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 of which proxy holder will cease to hold voting rights:

    N/A

    13. Additional Information:

    The notification is being made as a result of the entry into a forward contract between Unity One ehf. and Landsbanki Islands hf.

    14. Contact Name:

    Paul Eardley
    Company Secretary

    15. Contact telephone number:  

    020 7408 3529


This information is provided by RNS
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