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

FrasersAnnouncement

22/08/2017 07:06

RNS Number : 5928O
Debenhams plc
22 August 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 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
Expiration
datex
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 the
financial 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


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