TIDMPLUS

RNS Number : 5715V

Plus500 Limited

19 April 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                   PLUS500 LTD 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ---------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                          x 
------------------------------------------------------------------  ------------------------------------- 
 An acquisition or disposal of qualifying 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)                                                  Morgan Stanley 
  subject to the                                                       (Institutional Securities 
  notification obligation:                                        Group and Global Wealth Management) 
  (iii) 
-----------------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction                                                   13/04/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer                                                      19/04/2016 
  notified: 
-----------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are                                                      5%* 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                 Resulting situation after the 
  of               to the triggering                  triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ---------------------------------  --------------------------------------------------------------------- 
                  Number            Number           Number          Number of                   % of voting 
                   of                of               of shares       voting                      rights (x) 
                   Shares            Voting                           rights 
                                     Rights 
-------------    ----------------  ---------------  --------------  --------------------------  ------------------------- 
                                                     Direct          Direct        Indirect      Direct        Indirect 
                                                                      (xi)          (xii) 
-------------      ------------      -----------    --------------  ------------  ------------  ------------  ----------- 
 
  IL0011284465       7,822,037        7,822,037      5,718,528        5,718,528                     4.98% 
---------------  ----------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 
  Type of             Expiration        Exercise/                        Number of voting              % of voting 
  financial           date              Conversion                       rights that                   rights 
  instrument          (xiii)            Period (xiv)                     may be 
                                                                         acquired if 
                                                                         the 
                                                                         instrument 
                                                                         is 
                                                                         exercised/ 
                                                                         converted. 
-----------------  ----------------  -------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise          Expiration       Exercise/         Number of voting              % of voting 
  financial     price             date (xvii)      Conversion         rights instrument             rights (xix, 
  instrument                                       period             refers to                     xx) 
                                                   (xviii) 
-------------  ----------------  ---------------  ----------------  ----------------------------  ----------------------- 
 Equity Swap    N/A               04-05-2016       N/A                                             Nominal       Delta 
-------------  ----------------  ---------------  ----------------                                ------------  --------- 
                                                                     1,000,000                     N/A           0.87% 
-------------      ------------      -----------      ------------  ----------------------------  ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------------------------- 
 6,718,528                                             5.85% 
----------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------------- 
 
   Morgan Stanley & Co. International plc, 25 Cabot Square, 
   Canary Wharf, London E14 4QA is a direct holder of 6,718,528 
   voting rights (5.85%) and is a subsidiary of Morgan 
   Stanley Investments (UK) 
 
   Morgan Stanley Investments (UK), 20 Bank Street, Canary 
   Wharf, London E14 4AD is an indirect holder of 
   6,718,528 voting rights (5.85%) and is a subsidiary 
   of Morgan Stanley UK Group 
 
   Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, 
   London E14 4QA is an indirect holder of 
   6,718,528 voting rights (5.85%) and is a subsidiary 
   of Morgan Stanley International Limited. 
 
   Morgan Stanley International Limited, 25 Cabot Square, 
   Canary Wharf, London E14 4QA is an indirect holder of 
   6,718,528 voting rights (5.85%) and is a subsidiary 
   of Morgan Stanley International Holdings Inc. 
 
   Morgan Stanley International Holdings Inc., c/o The 
   Corporation Trust Company, Corporation Trust Center, 
   1209 Orange Street, Wilmington, Delaware DE 19801, USA 
   is an indirect holder of 
   6,718,528 voting rights (5.85%) and is a subsidiary 
   of Morgan Stanley. 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                 N/A 
----------------------------------------------------------  ---------------------------------------- 
 11. Number of voting rights proxy                                             N/A 
  holder will cease to hold: 
----------------------------------------------------------  ---------------------------------------- 
 12. Date on which proxy holder will                                           N/A 
  cease to hold voting rights: 
----------------------------------------------------------  ---------------------------------------- 
 
                                                             Morgan Stanley's total holding 

(MORE TO FOLLOW) Dow Jones Newswires

April 19, 2016 02:01 ET (06:01 GMT)

  13. Additional information:                                 in PLUS500 LTD remains above 
                                                              the 5% 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:                                           Craig Horsley 
----------------------------------------------------------  ---------------------------------------- 
 15. Contact telephone 
  number:                                                    0141 245 7736 
----------------------------------------------------------  ---------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 19, 2016 02:01 ET (06:01 GMT)

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