17 Oct 2016 17:24
PREMIER FARNELL PLC - Holding(s) in CompanyPREMIER FARNELL PLC - Holding(s) in Company
PR Newswire
London, October 17
| For filings with the FCA include the annex |
| For filings with issuer exclude the annex |
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | PREMIER FARNELL 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 the notification obligation: iii | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | Morgan Stanley & Co. International plc | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 13.10.2016 | |||
| 6. Date on which issuer notified: | 17.10.2016 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 9%* | |||
| 8. Notified details: | |||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
| GB0003318416 | 14,103,203 | 14,103,203 | 15,005,906 | 15,005,906 | 4.03% | ||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||||||||
| Depositary Receipt | N/A | N/A | 232 | 0.00% | |||||||||||||
| Right of recall over securities lending agreements | N/A | N/A | 19,740,520 | 5.31% | |||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||||||
| Nominal | Delta | ||||||||||||||||
| Total (A+B+C) | |||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||
| 34,746,658 | 9.34% | ||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 34,746,426 voting rights (9.34%) and is a subsidiary of Morgan Stanley Investments (UK) Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect holder of 34,746,426 voting rights (9.34%) and is a subsidiary of Morgan Stanley UK Group Morgan Stanley UK Group, 25 Cabot Square, LNCS/5, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 34,746,426 voting rights (9.34%) and is a subsidiary of Morgan Stanley International Limited Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 34,746,426 voting rights (9.34%) and is a subsidiary of Morgan Stanley International Holdings Inc. Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder of 34,746,426 voting rights (9.34%) 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 cease to hold: | N/A | |
| 12. Date on which proxy holder will cease to hold voting rights: | N/A | |
| 13. Additional information: | Morgan Stanley's total holding in PREMIER FARNELL PLC remains above the 9.00% threshold previously disclosed, however, this notification is being made on the basis that the holding in section 8(a) has crossed a relevant threshold in its own right at the component level. | |
| 14. Contact name: | Craig Horsley | |
| 15. Contact telephone number: | +44 141 245-7736 | |