William Hill PLC Holding(s) in Company (8728R)

TIDMWMH

RNS Number : 8728R

William Hill PLC

19 June 2018

The following notification was received today by William Hill PLC, relating to a major interest in shares of William Hill PLC.

Tom Fuller

Deputy Company Secretary

19 June 2018

OAM: Major Shareholding Notifications

William Hill LEI: 213800MDW41W5UZQIX82

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
---------------------------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer or the                                                  William Hill PLC 
  underlying issuer of existing shares 
  to which voting rights are attached: 
---------------------------------------------------------------  ----------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
---------------------------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
-----------------------------------------------------------------------------------------------  --------------------- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
---------------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                               X 
-----------------------------------------------------------------------------------------------  --------------------- 
 An acquisition or disposal of financial instruments 
-----------------------------------------------------------------------------------------------  --------------------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------------------------  --------------------- 
 Other (please specify): 
-----------------------------------------------------------------------------------------------  --------------------- 
 3. Details of person subject to the notification obligation 
 Name                                                             Morgan Stanley 
 City and country of registered office                            Wilmington, Delaware, USA 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) 
---------------------------------------------------------------------------------------------------------------------- 
 Name 
---------------------------------------------------------------  ----------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
---------------------------------------------------------------  ----------------------------------------------------- 
 5. Date on which the threshold was                               14/06/2018 
  crossed or reached: 
---------------------------------------------------------------  ----------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                   18/06/2018 
---------------------------------------------------------------  ----------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
---------------------------------------------------------------------------------------------------------------------- 
                         % of voting        % of voting rights            Total of both           Total number 
                       rights attached       through financial             in % (8.A +             of voting rights 
                       to shares (total         instruments                    8.B)                of issuer 
                           of 8. A)            (total of 8.B 
                                                1 + 8.B 2) 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached         2.30%                 2.73%                  5.02%                           860,575,579 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 Position of         Below 3%              Below 3%               Below 3% 
 previous 
 notification 
 (if applicable) 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type of       Number of voting rights                      % of voting rights 
  shares 
  ISIN code (if 
  possible) 
------------------ 
                           Direct                Indirect                    Direct                     Indirect 
                     (Art 9 of Directive   (Art 10 of Directive        (Art 9 of Directive        (Art 10 of Directive 
                        2004/109/EC)           2004/109/EC)           2004/109/EC) (DTR5.1)           2004/109/EC) 
                          (DTR5.1)              (DTR5.2.1)                                             (DTR5.2.1) 
-----------------   --------------------  ---------------------  ------------------------------  --------------------- 
 GB0031698896                              19,768,411                                             2.30% 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 
 SUBTOTAL 8. A       19,768,411                                   2.30% 
------------------  -------------------------------------------  ----------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration            Exercise/              Number of voting                % of voting 
  instrument          date                  Conversion Period      rights that may                 rights 
                                                                   be acquired if 
                                                                   the instrument 
                                                                   is 
                                                                   exercised/converted. 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 Call Option         20/07/2018            at any time            100,000                         0.01% 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 Depositary          at any 
  Receipt             time                 at any time            83,628                          0.01% 
------------------  --------------------  ---------------------  ------------------------------  --------------------- 
 
                                           SUBTOTAL 8. B 
                                            1                     183,628                         0.02% 
                                          ---------------------  ------------------------------  --------------------- 
 
 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 or     Number of       % of voting 
 financial          date                   Conversion              cash           voting rights    rights 
 instrument                                Period                  settlement 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
 Call Option        03/07/2018             at any time            Cash            54,720          0.01% 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
 Call Option        18/07/2018             at any time            Cash            47,658          0.01% 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
 Equity Swap        29/06/2018             at any time            Cash            15,000,000      1.74% 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
 Equity Swap        13/07/2018             at any time            Cash            7,500,000       0.87% 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
 Equity Swap        30/11/2018             at any time            Cash            679,728         0.08% 
-----------------  ---------------------  ---------------------  --------------  --------------  --------------------- 
                                                                  SUBTOTAL 
                                                                  8.B.2           23,282,106      2.71% 
                                                                 --------------  --------------  --------------------- 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 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 
 Full chain of controlled undertakings through which the voting rights                                     X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) 
-----------------------------------------------------------------------------------------------  --------------------- 
       Name                      % of voting rights                % of voting              Total of both if 
                                    if it equals                     rights                  it equals or is 
                                    or is higher                     through                 higher than the 
                                 than the notifiable                financial             notifiable threshold 
                                      threshold                    instruments 
                                                                      if it 
                                                                  equals or is 
                                                                     higher 
                                                                    than the 
                                                                   notifiable 
                                                                    threshold 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
 International 
 Holdings Inc. 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
 International 
 Limited 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
 Investments 
 (UK) 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley & 
  Co. 
  International 
  plc                                                                             5.01% 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 
 Morgan Stanley 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
  Capital 
  Management, LLC 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
  Domestic 
  Holdings, Inc. 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 Morgan Stanley 
  Smith 
  Barney LLC 
------------------  -------------------------------------------  --------------  ------------------------------------- 
 
 10. In case of proxy voting, please identify: 
---------------------------------------------------------------------------------------------------------------------- 
 Name of the proxy holder 
---------------------------------------------------------------  ----------------------------------------------------- 
 The number and % of voting rights 
  held 
---------------------------------------------------------------  ----------------------------------------------------- 
 The date until which the voting rights 
  will be held 
---------------------------------------------------------------  ----------------------------------------------------- 
 
 11. Additional information 
---------------------------------------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   Glasgow 
--------------------  ----------- 
 Date of completion    18/06/2018 
--------------------  ----------- 
 

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END

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June 19, 2018 07:00 ET (11:00 GMT)