TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
||||
|
|
|||
1. Identity of the issuer or the underlying issuer |
Plus500 Ltd |
|||
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 |
Morgan Stanley (Institutional Securities Group and Global Wealth Management) |
|||
4. Full name of shareholder(s) |
|
|||
5. Date of the transaction and date on |
11.05.2017 |
|||
6. Date on which issuer notified: |
16.05.2017 |
|||
7. Threshold(s) that is/are crossed or |
6%* |
|||
8. Notified details: |
|||||||||||||||
A: Voting rights attached to shares viii, ix |
|||||||||||||||
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
|||||||||||||
Number |
Number |
Number |
Number of voting |
% of voting rights x |
|||||||||||
Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
|||||||||||
IL0011284465 |
13,722 |
13,722 |
2,937,987 |
2,937,987 |
|
2.56% |
|
||||||||
|
|||||||||||||||
|
|||||||||||||||
B: Qualifying Financial Instruments |
|||||||||||||||
Resulting situation after the triggering transaction |
|||||||||||||||
Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
|||||||||||
|
|
|
|
|
|||||||||||
|
|||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
|||||||||||||||
Resulting situation after the triggering transaction |
|||||||||||||||
Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
|
% of voting rights xix, xx
|
||||||||||
|
|
|
|
|
Nominal |
Delta |
|||||||||
Equity Swap |
N/A |
01.06.2017 |
N/A |
5,000,000 |
N/A |
4.35% |
|||||||||
Equity Swap |
N/A |
29.09.2017 |
N/A |
3,280 |
N/A |
0.003% |
|||||||||
Equity Swap |
N/A |
13.11.2017 |
N/A |
10,468 |
N/A |
0.01% |
|||||||||
Total (A+B+C) |
|
Number of voting rights |
Percentage of voting rights |
7,951,735 |
6.92% |
9. Chain of controlled undertakings through which the voting rights and/or the |
||
Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 7,951,735 voting rights (6.92%) and is a subsidiary of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect holder of 7,951,735 voting rights (6.92%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, LNCS/5, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 7,951,735 voting rights (6.92%) and is a subsidiary of Morgan Stanley International Limited
Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder of 7,951,735 voting rights (6.92%) and is a subsidiary of Morgan Stanley International Holdings Inc.
Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder of 7,951,735 voting rights (6.92%) 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 |
|
|
||
|
Morgan Stanley's total holding in Plus500 Ltd remains above the 6.00% threshold previously disclosed, however, this notification is being made on the basis that the holding in sections 8(b)+8(c) has crossed a relevant threshold in their own right at the component level.
|
|
14. Contact name: |
Wilma Fairholm |
|
15. Contact telephone number: |
+44 141 245-7218 |
|