30 Nov 2015 14:42
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
Implementation of Transparency Directive ll Regulation
3. Full name of person(s) subject to the notification obligation:
Schroders plc
4. Full name of shareholder(s) (if different from 3):
Schroder Investment Management Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
26 November 2015
6. Date on which issuer notified:
27 November 2015
7. Threshold(s) that is/are crossed or reached
From 12%-13%
8. Notified details:
Class/type of shares
ISIN: GB00B126KH97
A: Voting rights attached to shares
Situation previous to the triggering transaction: 157,215,735 Ordinary shares of 0.01p each
Number of voting rights: 157,215,735
Resulting situation after the triggering transaction:
Number of Shares Direct: 164,488,579 ordinary shares of 0.01p each
Number of voting rights Direct: None, Indirect: 164,488,579
Percentage of voting rights Direct: None, Indirect 13.40%
B: Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of voting right that may be acquired if the instrument is exercised/converted | % of Voting Rights |
Call option | 21/12/2015 | N/A | (763,584) | -0.06% |
Call option | 06/01/2016 | N/A | (436,053) | -0.03% |
Call option | 09/02/2016 | N/A | (545,526) | -0.04% |
Call option | 24/02/2016 | N/A | (1,552,866) | -0.12% |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting Situation after the triggering transaction:
N/A
Total A +B+C
Number of voting rights 164,488,579
Percentage of voting rights 13.40%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.
Schroder Investment Management Limited: 164,488,579 13.40%
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:
The notification is being made based on the legal entity position exceeding 13%. Schroders plc's overall position remains within disclosure thresholds, as per previous disclosure dated 23 July 2015. The shares referred to in section 9 are held in portfolios managed by Schroder Investment Management Limited on a discretionary basis for clients under investment management agreements.This disclosure has been calculated based on the issued share capital of 1,227,166,813.
14. Contact Name/Telephone Number:
Paul Eardley
Company Secretary
Telephone 020 3549 6000