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

OcadoAnnouncement

23/08/2016 15:35

RNS Number : 9388H
Ocado Group PLC
23 August 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
X
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

5. Date of the transaction and date on
which the threshold is crossed or
reached:v
19.08.2016
6. Date on which issuer notified:
23.08.2016
7. Threshold(s) that is/are crossed or
reached: vi, vii
7%*


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
GB00B3MBS747
150,787
150,787
150,787
150,787

0.02%



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 securities lending agreements
N/A
N/A
18,736,918
2.98%
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
Equity Swap
N/A
01.11.2016
N/A
432,274
N/A
0.07%
Equity Swap
N/A
15.12.2016
N/A
3,553,922
N/A
0.57%
Equity Swap
N/A
06.02.2017
N/A
283,718
N/A
0.05%
Equity Swap
N/A
17.03.2017
N/A
3,136,234
N/A
0.50%
Equity Swap
N/A
30.03.2017
N/A
600,000
N/A
0.10%
Equity Swap
N/A
11.09.2017
N/A
6,730,000
N/A
1.07%
Equity Swap
N/A
04.01.2018
N/A
1,011,831
N/A
0.16%
Equity Swap
N/A
08.01.2018
N/A
1,289,901
N/A
0.21%
Equity Swap
N/A
22.01.2018
N/A
5,206,651
N/A
0.83%
Equity Swap
N/A
12.02.2018
N/A
4,240,722
N/A
0.67%
Equity Swap
N/A
29.06.2018
N/A
402,500
N/A
0.06%
Equity Swap
N/A
19.07.2018
N/A
34,205
N/A
0.01%
Total (A+B+C)
Number of voting rights
Percentage of voting rights
45,809,663
7.29%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
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 18,879,534 voting rights (3.00%) and is a subsidiary of Morgan Stanley Domestic Holdings, Inc.
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 26,921,958 voting rights (4.28%) and is a subsidiary 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 45,809,663 voting rights (7.29%) 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 45,809,663 voting rights (7.29%) 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, 142,616 of these are the result of a stock borrowing agreement
Morgan Stanley's total holding in OCADO Group PLC remains above the 7.00% threshold previously disclosed however, this notification is being made on the basis that Morgan Stanley & Co. LLC, a wholly owned subsidiary of Morgan Stanley, has crossed a relevant threshold in its own right.
14. Contact name:
Craig Horsley
15. Contact telephone number:
+44 141 245-7736

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