Morgan Stanley has acquired 5.94% of the voting rights in Halfords Group PLC, a non-UK issuer. The acquisition was notified on 21st May 2024, with the total number of voting rights held in the issuer amounting to 13,000,957. The details of the acquisition were disclosed in a regulatory announcement, indicating that the voting rights were acquired through both direct shareholding and financial instruments.
The notification revealed that Morgan Stanley & Co. International plc, based in London, United Kingdom, is the shareholder with the acquired voting rights. The breakdown of the voting rights shows that 5.94% is attributed to direct voting rights attached to shares, while an additional 0.0003% is through financial instruments. The financial instruments include a right of recall over securities lending agreements, which accounts for 657 voting rights.
The notification also clarified that Morgan Stanley is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer. The disclosure provided a comprehensive chain of controlled undertakings through which the voting rights and financial instruments are effectively held, starting with the ultimate controlling entity, Morgan Stanley.
The completion of the notification took place in Glasgow, and the announcement was disseminated by EQS Group. The ISIN for Halfords Group PLC is GB00B012TP20, and the announcement falls under the category of major shareholding notifications. The regulatory announcement was transmitted by EQS News Service, with the issuer being solely responsible for its content.
This notification of major holdings by Morgan Stanley provides insight into the changes in voting rights within Halfords Group PLC, offering transparency to investors and the market regarding significant shifts in the company's ownership structure.