REG - Findel PLC Morgan Stanley - Holding(s) in Company <Origin Href="QuoteRef">FDL.L</Origin> <Origin Href="QuoteRef">MS.N</Origin>

Morgan StanleyAnnouncement

31/03/2016 11:00

RNS Number : 7050T
Findel PLC
31 March 2016
31 March 2016
Findel plc (the "Company")
Holding(s) in Company
The Company has received notification from Morgan Stanley of an increase in its voting rights attaching to shares of the Company. Copies of the details notified are attached to this announcement. 
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Enquiries 
Findel plc 
David Sugden, Chairman
Tim Kowalski, Finance Director
0161 303 3465 
Tulchan Communications LLP
Stephen Malthouse / Giles Kernick
020 7353 4200


 
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
Findel Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights

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
X
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

5. Date of the transaction and date on
which the threshold is crossed or
reached:v
24/03/2016
6. Date on which issuer notified:
30/03/2016
7. Threshold(s) that is/are crossed or
reached: vi, vii
3%, 4%, 5%, 6%


8. Notified details:
A: Voting rights attached to sharesviii, 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

Below 3%
Below 3%
653
653
0.00%
GB00B8B4R053

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





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
Equity Swap (Cash Settled)
N/A
15/12/2016
N/A
3,983,705
Nominal
Delta
N/A
4.61%
Equity Swap (Cash Settled)
N/A
07/03/2018
N/A
1,906,572
N/A
2.21%

Total (A+B+C)
Number of voting rights
Percentage of voting rights
5,890,930
6.81%
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, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of 5,890,277 voting rights (6.81%) and is a subsidiary of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of 5,890,277 voting rights (6.81%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 
5,890,277 voting rights (6.81%) and is a subsidiary of Morgan Stanley International Limited
Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 5,890,277 voting rights (6.81%) 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 
5,890,277 voting rights (6.81%) 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:

14. Contact name:
Craig Horsley
15. Contact telephone number:
0141 245 7736

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