RNS Number : 7597Y
Sainsbury(J) PLC
03 December 2014
 

 

 

 

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

N/A

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

N/A

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

N/A

An event changing the breakdown of voting rights

N/A

Other (please specify):

The event triggering notification is the acquisition of UBS AG by UBS Group AG through the completion of a share transfer offer on 28 November 2014 in which the shareholders of UBS AG became shareholders of UBS Group AG and their shares in UBS AG were transferred to UBS Group AG.  As a result, UBS Group AG controls UBS AG. Thus, UBS Group AG has become an indirect shareholder of J Sainsbury Plc.

Yes

 

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

 

UBS Investment Bank

UBS Group AG

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

 

UBS AG

UBS AG London Branch

UBS Limited

 

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

 

28 November 2014

6. Date on which issuer notified:

 

2 December 2014

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

 

Above 3%

 

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

57,990,802

57,990,802

-

-

57,946,692

-

3.03%

 

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

 

 

 

 

XS1139087933

 

 

 

 

N/A

 

 

 

 

21 Nov 2019

 

 

 

5 years

 

 

 

850,435

Nominal

Delta

 

 

0.04%

 

-

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

58,797,127

3.07%

 

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

 

UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights and financial instruments are held through its controlled undertakings as set out below.

 

Voting rights:

UBS AG directly 2,030,034 (0.11%); and

-     directly through its branches: UBS AG London Branch - 55,663,033 (2.91%); and

-     indirectly through its subsidiaries: UBS Limited - 253,625 (0.01%).

 

Financial Instruments:

UBS AG directly 170,087 (0.01%); and

-     directly through its branches: UBS AG London Branch - 680,348 (0.04%).

 

 

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:

 

Konstantina Georgaki / Akvile Budrikaite

15. Contact telephone number:

 

+41 44 239 4071

 


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