Ocado Group PLC Holding(s) in Company (1195H)

TIDMOCDO

RNS Number : 1195H

Ocado Group PLC

12 August 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                          OCADO Group 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 
---------------------------------------------------------------  ------------------------------ 
 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                                 X 
  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) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                              10.08.2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                 12.08.2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                         8% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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) 
-------------    ------------    -----------    -----------------  ------------  -------------  ---------  ----------- 
 GB00B3MBS747   1,181,683         1,181,683      1,861,347          1,861,347                    0.30% 
               ----------------  -------------  -----------------  ------------  -------------  ---------  ----------- 
 
 
 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             20,750,364                    3.30% 
---------------  ---------------------------  -----------------  ------------------  --------------------------------- 
 
 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         01.11.2016         N/A              432,274            N/A               0.07% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         15.12.2016         N/A             3,553,922           N/A               0.57% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         06.02.2017         N/A              283,718            N/A               0.05% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         17.03.2017         N/A             3,136,234           N/A               0.50% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         30.03.2017         N/A              600,000            N/A               0.10% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         11.09.2017         N/A             6,730,000           N/A               1.07% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         04.01.2018         N/A             1,011,831           N/A               0.16% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         08.01.2018         N/A             1,289,901           N/A               0.21% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         22.01.2018         N/A             5,206,651           N/A               0.83% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         12.02.2018         N/A             4,240,722           N/A               0.67% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         29.06.2018         N/A              402,500            N/A               0.06% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Equity Swap         N/A         19.07.2018         N/A              24,716             N/A               0.00% 
-------------  --------------  -------------  ---------------  ------------------  -------------  -------------------- 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 

-------------------------------------------------------------  ------------------------------------------------------- 
 49,524,180                                                     7.88% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------- 
 Morgan Stanley & Co. LLC, c/o The Corporation Trust 
  Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is a direct 
  holder of 22,603,540 voting rights (3.60%) and is a 
  subsidiary of Morgan Stanley Domestic Holdings, Inc. 
 
  Morgan Stanley Capital Services LLC, c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is a direct 
  holder of 26,912,469 voting rights (4.28%) and is a 
  subsidiary of Morgan Stanley Domestic Holdings, Inc. 
 
  Morgan Stanley Domestic Holdings, Inc., c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is an indirect 
  holder of 49,524,180 voting rights (7.88%) and is a 
  subsidiary of Morgan Stanley Capital Management, LLC 
 
  Morgan Stanley Capital Management, LLC, c/o The Corporation 
  Trust Company (DE), Corporation Trust Center, 1209 Orange 
  Street, Wilmington, Delaware, 19801, USA. is an indirect 
  holder of 49,524,180 voting rights (7.88%) 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: 
--------------------------------------------------------  --------------------------------- 
 
                                                           Of the total voting rights 
  13. Additional information:                               attached to shares in Section 
                                                            8A, 1,853,176 of these are 
                                                            the result of a stock borrowing 
                                                            agreement 
--------------------------------------------------------  --------------------------------- 
 14. Contact name:                                         Craig Horsley 
--------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                             [phone] 
--------------------------------------------------------  --------------------------------- 
 
 

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August 12, 2016 13:31 ET (17:31 GMT)