For filings with the FCA include the annex |
For filings with issuer exclude the annex |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i | ||||
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached: ii | The Weir Group PLC | |||
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) subject to the
notification obligation: iii | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||
4. Full name of shareholder(s)
(if different from 3.): iv |
Morgan Stanley & Co. International plc
| |||
5. Date of the transaction and date on
which the threshold is crossed or reached: v | 22.09.2016 | |||
6. Date on which issuer notified: | 26.09.2016 | |||
7. Threshold(s) that is/are crossed or
reached: vi, vii | 3%,4%,5%,6% |
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
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 x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
GB0009465807 | Below 3% | Below 3% | 6,512,017 | 6,512,017 | 3.01% | ||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financial
instrument |
Expiration
date xiii |
Exercise/
Conversion Period xiv |
Number of voting
rights that may be acquired if the instrument is exercised/ converted. |
% of voting
rights | |||||||||||||
Right of recall over securities lending agreements | N/A | N/A | 4,057,864 | 1.87% | |||||||||||||
| |||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financial
instrument | Exercise price | Expiration date xvii |
Exercise/
Conversion period xviii |
Number of voting rights instrument refers to
|
% of voting rights
xix, xx
| ||||||||||||
Nominal | Delta | ||||||||||||||||
Call Option (Cash Settled) | 1687.40 | 10.11.2016 | N/A | 57,502 | N/A | 0.03% | |||||||||||
Equity Swap | n/a | 14.09.2017 | N/A | 108,953 | N/A | 0.05% | |||||||||||
Equity Swap | n/a | 28.11.2016 | N/A | 3,643,158 | N/A | 1.68% | |||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
14,379,494 | 6.64% |
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, Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM is a direct holder of 14,332,301 voting rights (6.62%) 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 14,332,301 voting rights (6.62%) 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 14,332,301 voting rights (6.62%) 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 14,332,301 voting rights (6.62%) 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 14,332,301 voting rights (6.62%) 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 | |
| ||
13. Additional information: | Of the total voting rights attached to shares in Section 8A, 6,512,017 (3.01%) of these are the result of stock borrowing agreements | |
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | +44 141 245-7736 |