REG - Ocado Group PLC - Holding(s) in Company <Origin Href="QuoteRef">OCDO.L</Origin>

OcadoAnnouncement

19/02/2016 07:10

RNS Number : 5258P
Ocado Group PLC
19 February 2016



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
Ocado Group 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
Morgan Stanley & Co. LLC
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
16/02/2016
6. Date on which issuer notified:
18/02/2016
7. Threshold(s) that is/are crossed or
reached: vi, vii
11%*


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

20,913,315
20,913,315
20,820,898
20,820,898
3.53%
GB00B3MBS747

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
Right of Recall over a securities lending agreement
n/a
n/a
13,552,644
2.30%

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
n/a
30-03-2016
n/a
600,000
Nominal
Delta
n/a
0.10%
Equity Swap 
n/a
31-03-2016
n/a
716,196
n/a
0.12%
Equity Swap 
n/a
05-09-2016
n/a
1,405,242
n/a
0.24%
Equity Swap 
n/a
15-12-2016
n/a
3,354,977
n/a
0.57%
Equity Swap 
n/a
17-03-2017
n/a
4,121,449
n/a
0.70%
Equity Swap 
n/a
30-05-2017
n/a
4,900,000
n/a
0.83%
Equity Swap 
n/a
04-09-2017
n/a
2,145,800
n/a
0.36%
Equity Swap 
n/a
11-09-2017
n/a
6,730,000
n/a
1.14%
Equity Swap 
n/a
16-11-2017
n/a
259,300
n/a
0.04%
Equity Swap 
n/a
07-12-2017
n/a
339,684
n/a
0.06%
Equity Swap 
n/a
12-02-2018
n/a
950,000
n/a
0.16%
Equity Swap 
n/a
04-01-2018
n/a
2,877,733
n/a
0.49%
Equity Swap 
n/a
08-01-2018
n/a
4,881,834
n/a
0.83%
Equity Swap 
n/a
22-01-2018
n/a
391,377
n/a
0.07%

Total (A+B+C)
Number of voting rights
Percentage of voting rights
68,047,134
11.53%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Morgan Stanley Capital Services LLC; c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA is a direct holder of 33,673,592 voting rights (5.71%) & 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 34,365,061 voting rights (5.82%), each are subsidiaries 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 
68,047,134 voting rights (11.53%), 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 
68,047,134 voting rights (11.53%), 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:
Of the total voting rights attached to shares in Section 8A, 20,812,417 (3.53%) of these are the result of stock borrowing agreements.
Morgan Stanley's total holding in Ocado Group Plc remains above the 11% threshold previously disclosed, however, this notification is being made on the basis that the holding in section(s) 8(b), 8(c) have crossed a relevant threshold in there own right at the component level.
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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