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Holding(s) in Company
RNS Number : 9306L
Debenhams plc
24 July 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:

21 July 2017

6. Date on which issuer notified:

24 July 20017

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: 20.27%

Total in percentage: 20.27%

Total number of voting rights of issuer: 1,227,833,150

Position of previous notification:

Percentage of voting rights attached to shares: 0%

Percentage of voting rights through financial instruments: 19.13%

 

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
date
x

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

119,956,128

9.77%




SUBTOTAL

248,883,241

20.27%

 

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 entity
xiv (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


20.27%

20.27%





 

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
 
 
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