Holding(s) in Company

BT Group PLC

29 July 2024

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0030913577

Issuer Name

BT GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Morgan Stanley

City of registered office (if applicable)

Country of registered office (if applicable)

US

Name	City of registered office	Country of registered office
Morgan Stanley	Wilmington, Delaware	USA

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

24-Jul-2024

6. Date on which Issuer notified

26-Jul-2024

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	0.447460	9.270982	9.718442	967357793
Position of previous notification (if applicable)	0.000000	9.317252	9.317252

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB0030913577		44539409		0.447460
Sub Total 8.A	44539409		0.447460%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Call Option (Physically Settled)	16/08/2024	at any time	50000	0.000502
Call Option (Physically Settled)	20/12/2024	at any time	50000	0.000502
Call Option (Physically Settled)	17/01/2025	at any time	50000	0.000502
Call Option (Physically Settled)	21/03/2025	at any time	100000	0.001005
Call Option (Physically Settled)	18/12/2026	at any time	1353800	0.013601
Right of recall over securities lending agreements	at any time	at any time	2190463	0.022006
Sub Total 8.B1			3794263	0.038118%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Call Option (Cash Settled)	21/08/2024	at any time	Cash	152776	0.001535
Call Option (Cash Settled)	04/09/2024	at any time	Cash	121714	0.001223
Call Option (Cash Settled)	10/09/2024	at any time	Cash	168938	0.001697
Call Option (Cash Settled)	17/09/2024	at any time	Cash	143419	0.001441
Compound Option	29/10/2024	at any time	Cash	200586803	2.015171
Compound Option	15/01/2025	at any time	Cash	254426696	2.556067
Compound Option	14/02/2025	at any time	Cash	200000061	2.009277
Compound Option	07/05/2025	at any time	Cash	22850171	0.229561
Compound Option	13/05/2025	at any time	Cash	22850171	0.229561
Compound Option	15/05/2025	at any time	Cash	42353758	0.425502
Compound Option	16/05/2025	at any time	Cash	35336825	0.355007
Compound Option	23/05/2025	at any time	Cash	22850171	0.229561
Compound Option	28/05/2025	at any time	Cash	55982922	0.562426
Compound Option	05/06/2025	at any time	Cash	23235858	0.233436
Equity Swap	31/10/2024	at any time	Cash	1468702	0.014755
Equity Swap	20/11/2024	at any time	Cash	3086656	0.031010
Equity Swap	20/12/2024	at any time	Cash	3752703	0.037701
Equity Swap	17/03/2025	at any time	Cash	113235	0.001138
Equity Swap	13/05/2025	at any time	Cash	79107	0.000795
Equity Swap	20/06/2025	at any time	Cash	11987109	0.120427
Equity Swap	08/07/2025	at any time	Cash	2193	0.000022
Equity Swap	18/08/2025	at any time	Cash	44062	0.000443
Equity Swap	03/10/2025	at any time	Cash	199084	0.002000
Equity Swap	31/03/2026	at any time	Cash	3091195	0.031055
Equity Swap	13/05/2026	at any time	Cash	2521553	0.025332
Equity Swap	26/05/2026	at any time	Cash	7618239	0.076536
Equity Swap	26/04/2029	at any time	Cash	1000000	0.010046
Put Option (Physically Settled)	20/12/2024	at any time	Physical	1000000	0.010046
Put Option (Physically Settled)	20/06/2025	at any time	Physical	2000000	0.020093
Sub Total 8.B2				919024121	9.232864%

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% 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
Morgan Stanley (Chain 1)
Morgan Stanley (Chain 1)	Morgan Stanley Capital Management, LLC
Morgan Stanley (Chain 1)	Morgan Stanley & Co. LLC
Morgan Stanley (Chain 2)
Morgan Stanley (Chain 2)	Morgan Stanley International Holdings Inc.
Morgan Stanley (Chain 2)	Morgan Stanley International Limited
Morgan Stanley (Chain 2)	Morgan Stanley Investments (UK)
Morgan Stanley (Chain 2)	Morgan Stanley & Co. International plc
Morgan Stanley (Chain 3)
Morgan Stanley (Chain 3)	Morgan Stanley Capital Management, LLC
Morgan Stanley (Chain 3)	Morgan Stanley Bank, N.A.		8.845571	8.845571%
Morgan Stanley (Chain 4)
Morgan Stanley (Chain 4)	Morgan Stanley Capital Management, LLC
Morgan Stanley (Chain 4)	Morgan Stanley Domestic Holdings, LLC
Morgan Stanley (Chain 4)	Morgan Stanley Capital Services LLC
Morgan Stanley (Chain 5)
Morgan Stanley (Chain 5)	Morgan Stanley International Holdings Inc.
Morgan Stanley (Chain 5)	Morgan Stanley International Limited
Morgan Stanley (Chain 5)	Morgan Stanley Europe Holding SE
Morgan Stanley (Chain 5)	Morgan Stanley Europe SE

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Of the total voting rights attached to shares in Section 8A, 44,539,409 (0.447460%) of these are the result of stock borrowing agreements.

12. Date of Completion

26-Jul-2024

13. Place Of Completion

Glasgow

 

END