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:
Hammerson plc
2. Reason for the notification (place an X inside the appropriate bracket/s)
An acquisition or disposal of voting rights: (X)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (….)
An event changing the breakdown of voting rights: ( )
Other (please specify) : Transitional Notification Requirement ( )
……………..
3. Full name of person(s) subject to the notification obligation:
Morgan Stanley (Institutional Securities Group and Global Wealth Management)
4. Full name of shareholder(s) (if different from 3.) :
……………..
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
31.07.08
6. Date on which issuer notified:
04.08.08
7. Threshold(s) that is/are crossed or reached:
11%
8. Notified details:
……………..
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
GB0004065016 |
Number of shares |
Number of voting Rights |
|
|
|
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
GB0004065016 |
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
|
|
|
|
|
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total return Swap |
30.03.2009 |
- |
5,420,926 |
1.87% |
Total return Swap |
09.03.2009 |
- |
9,522,280 |
3.29% |
Total Return |
01.07.2009 |
|
5,000,000 |
1.72% |
Total (A+B)
Number of voting rights |
% of voting rights |
|
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Morgan Stanley and Co Incorporated 486,627 (0.17%)
Morgan Stanley Securities Limited 11,024,477 (3.80%)
Morgan Stanley Capital (Luxembourg) SA 79,703 (0.03%)
Chain 1
Morgan Stanley (1.87%) (5,420,926 voting rights) by virtue of being the sole shareholder of MSRESS III, Inc (1.87%) (5,420,926 voting rights) by virtue of being the sole shareholder of MSRESS III Manager, L.L.C (1.87%) (5,420,926 voting rights) by virtue of being the sole shareholder of Morgan Stanley Real Estate Special Situations III-GP, L.L.C as general partner to Morgan Stanley Real Estate Special Situations Fund III L.P (1.87%) (5,420,926 voting rights) SSF III Hedging GP as general partner to SSF III Hedging, LP (1.87%) (5,420,926 voting rights).
Chain 2
Morgan Stanley (5.01%) (14,522,280 voting rights) by virtue of being the sole shareholder of MSREF Real Estate Advisor Inc (5.01%) (14,522,280) voting rights) by virtue of being the sole shareholder of MSREF VI Inc (5.01%) (14,522,280 voting rights) by virtue of being the sole shareholder of MSREF VI LLC (5.01%) (14,522,280 voting rights) by virtue of being the sole shareholder of MSREF VI International-GP LLC as general partner of the series of real estate private equity funds that is manages ('MSREF VI') (5.01%) (14,522,280 voting rights) by virtue of being the shareholders of Nelly Holdings Limited (5.02%) (14,522,280 voting rights).
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:
Stuart Haydon
15. Contact telephone number:
+44 (0) 207 887 1000