Holding(s) in Company

RNS Number : 9632N
Sainsbury(J) PLC
13 September 2013
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

J Sainsbury plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

 

Other (please specify):

 

No

 

3. Full name of person(s) subject to the notification obligation:

 

M1 Capital Limited

M1 Capital International Investments Limited

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:

 

Date of the transaction: 10 September 2013

Date on which threshold crossed: 10 September 2013

6. Date on which issuer notified:

 

12 September 2013

7. Threshold(s) that is/are crossed or reached:

 

4%

 

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

Resulting situation after the triggering transaction

 

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

 

Direct

Direct

Indirect

Direct

Indirect

GB00B019KW72

43,622,616

43,622,616

42,160,449

42,160,449


2.218%


 


 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

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

 

N/A

 

N/A

 

N/A

 

N/A

 

N/A

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 

 

 

 

Total Return Swap 1 (TRS 1)

TRS 2

TRS 3

TRS 4

TRS5

TRS 6

 

 

 

 

 

 

N/A

N/A

N/A

N/A

N/A

N/A

 

 

 

 

 

24 Jan 2017

5 Aug 2014

18 Jun 2014

18 Mar 2014

18 Dec 2013

14 Oct 2013

 

 

 

 

N/A

N/A

N/A

N/A

N/A

N/A

 

 

 

 

 

26,581,585

2,999,760

1,067,000

246,326

169,444

1,393,700

Nominal

Delta

 

 

1.398%

0.158%

0.056%

0.013%

0.009%

0.073%


 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

74,618,264

3.925%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

 

M1 Capital Limited owns 9,688,506 ordinary shares (9,688,506 voting rights, representing 0.51% of the total voting rights)

M1 Beta Capital Limited, a wholly owned subsidiary of M1 Capital Limited, owns 32,471,943 ordinary shares (32,471,943 voting rights, representing 1.71% of the total voting rights)

M1 Capital International Investments Limited, a member of the same group of companies as M1 Capital Limited, is the counterparty to the Total Return Swaps.

 

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:

 

May Khalife and Sherine El Jamal

15. Contact telephone number:

 

 +961 1 356666

 


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