22 Aug 2017 07:00
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 acquisition or disposal of financial instruments
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:
18 August 2017
6. Date on which issuer notified:
21 August 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: 0%
Percentage of voting rights through financial instruments: 21.04%
Total in percentage: 21.04%
Total number of voting rights of issuer: 1,227,822,150
Position of previous notification:
Percentage of voting rights attached to shares: 0%
Percentage of voting rights through financial instruments: 20.27%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
N/A
B: Financial Instruments according to Art.13 (1) (a) of Directive 2004/109/EC
N/A
B 2: Financial Instruments with similar economic effect
Resulting situation after the triggering transaction:
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights |
Put Option Agreement with Goldman Sachs International over ordinary shares (disclosed on 23 January 2015 and 12 May 2016)
| 24 Oct 2017 27 Oct 2017 1 Nov 2017 6 Nov 2017 9 Nov 2017 14 Nov 2017 17 Nov 2017 22 Nov 2017 27 Nov 2017 30 Nov 2017
|
n/a |
physical |
128,927,113
|
10.50%
|
Contract for Differences with Monecor (London) Limited | n/a | n/a | cash | 129,437,779 | 10.54% |
|
|
| SUBTOTAL 8.B.2 | 258,364,892 | 21.04% |
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) issuerxiii |
| |||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | x | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
Mike Ashley |
|
|
| |
MASH Holdings Limited |
|
|
| |
MASH Beta Limited |
|
|
| |
Sports Direct International plc |
| 21.04% | 21.04% | |
|
|
|
| |
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 0203 549 6000
Debenhams plc
LEI5493007MMUEIF4NJG110