18 Oct 2016 09:42
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | OCADO Group PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
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 similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 13.10.2016 | |||
6. Date on which issuer notified: | 17.10.2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5%* | |||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||
GB00B3MBS747 | 8,171 | 8,171 | 1,901,662 | 1,901,662 | 0.30% | ||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
Right of recall over securities lending agreements | N/A | N/A | 17,427,525 | 2.77% | |||||||||||
| |||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||
Nominal | Delta | ||||||||||||||
Equity Swap | N/A | 30.03.2017 | N/A | 600,000 | N/A | 0.10% | |||||||||
Equity Swap | N/A | 11.09.2017 | N/A | 7,730,000 | N/A | 1.23% | |||||||||
Equity Swap | N/A | 04.01.2018 | N/A | 889,065 | N/A | 0.14% | |||||||||
Equity Swap | N/A | 08.01.2018 | N/A | 1,117,842 | N/A | 0.18% | |||||||||
Equity Swap | N/A | 22.01.2018 | N/A | 2,504,785 | N/A | 0.40% | |||||||||
Equity Swap | N/A | 12.02.2018 | N/A | 4,012,596 | N/A | 0.64% | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
36,183,475 | 5.75% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 19,321,016 voting rights (3.07%) 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 36,183,475 voting rights (5.75%) 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 36,183,475 voting rights (5.75%) and is a subsidiary of Morgan Stanley | ||
Proxy Voting: | ||
10. Name of the proxy holder:
| N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
| ||
13. Additional information: | Morgan Stanley's total holding in OCADO Group PLC remains above the 5% threshold previously disclosed however, this notification is being made on the basis that Morgan Stanley & Co. LLC, a wholly owned subsidiary of Morgan Stanley, has crossed a relevant component level threshold in its own right.
Of the total voting rights attached to shares in Section 8A, 1,893,491 (0.30%) of these are the result of stock borrowing agreements | |
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | +44 141 245-7736 | |