Picture of Frasers logo

FRAS Frasers News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapNeutral

REG - Debenhams plc Sports Direct Intl. - Holding(s) in Company <Origin Href="QuoteRef">DEB.L</Origin> <Origin Href="QuoteRef">SPD.L</Origin>

RNS Number : 1950B
Debenhams plc
31 March 2017

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 instruments with similar economic effect to qualifying financial instruments.

3. Full name of person(s) subject to the notification obligation:

Sports Direct International plc

4. Full name of shareholder(s) (if different from 3):

N/a

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

29 March 2017

6. Date on which issuer notified:

31 March 2017

7. Threshold(s) that is/are crossed or reached

Above 14%, 15% and 16%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

N/A

B: Qualifying Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of financial
instrument

Exercise price

Expiration dates xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Put Option Agreement with Goldman Sachs International over ordinary shares

(disclosed on 23 January 2015 and 12 May 2016)

Contract for Differences with Monecor (London) Limited

n/a

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

n/a

128,927,113

68,585,890

Nominal

Delta

10.50%

5.59%




Total A+B+C

Number of voting rights 197,513,003

Percentage of voting rights 16.09%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable.

n/a

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




This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLLLFVLVIILVID

Recent news on Frasers

See all news