Source - RNS
RNS Number : 2426I
SVG Capital PLC
15 June 2017
 

TR-1: Notifications of Major Interests in Shares

 

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

 

SVG Capital Plc

 

2. Reason for the notification

(please 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 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 notification obligation:

    

Morgan Stanley (Institutional Securities Group and Global Wealth Management)

 

4. Full name of shareholder(s) (if different from 3):

 

Morgan Stanley & Co. International plc

 

5. Date of transaction (and date on which the threshold is crossed or reached):

    

8th June 2017

 

6. Date on which issuer notified:

 

12th June 2017

 

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

 

5%*



 

8. Notified Details:

 

A: Voting rights attached to shares

 

Class/type of shares if possible use ISIN CODE

Situation previous to the triggering transaction




Number of shares


Number of voting rights


Ordinary Shares

GB0007892358

1,017,291

1,017,291

 

Resulting situation after the triggering transaction



Class/type of shares if possible use ISIN CODE

Number of shares

Number of voting rights

% of voting rights


Direct

Direct


Indirect


Direct


Indirect


Ordinary Shares

GB0007892358

 

937,291

           

937,291

 

0

3.96%


 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

 

 

Right of recall over securities lending agreements


Expiration date




N/A

Exercise/conversion period/date



N/A

No. of voting rights that may be acquired (if the instrument exercised/ converted)

 

290,830

% of voting rights




1.23%

 

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

Resulting situation after the triggering transaction

 

Type of financial instrument


Expiration date




Exercise/conversion period/date



No. of voting rights that instrument refers to

% of voting rights

nominal      delta







 

Total (A+B+C)

Number of voting rights


% of voting rights


1,228,121

5.19%

 

 

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

 

Morgan Stanley & Co. International plc, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder of 1,207,748 voting rights  (5.10%)  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 1,207,748 voting rights  (5.10%)  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 1,207,748 voting rights  (5.10%)  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 1,207,748 voting rights  (5.10%)  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 1,207,748 voting rights  (5.10%)  and is a subsidiary of Morgan Stanley

 

 

10. Name of proxy holder:

 

 

11. Number of voting rights proxy holder will cease to hold:

 

 

12. Date of which proxy holder will cease to hold voting rights:

 

 

13. Additional Information:

 

*Morgan Stanley's total holding in SVG CAPITAL PLC remains above the 6.00% threshold previously disclosed, however, this notification is being made on the basis that the holding in section 8(a) has crossed a relevant threshold in its own right at the component level.

 

14. Contact name:

 

Stuart Ballard

Company Secretary

 

15. Contact telephone number:

 

0203 457 0090

 


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