RNS Number : 3625L
BT Group PLC
07 November 2024
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0030913577

Issuer Name

BT GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments; Other

Comments

As the date on which the threshold was crossed, BT Group plc shares in the basket or index represented more than the 20% of the value of the securities in the basket or index.

3. Details of person subject to the notification obligation

Name

Morgan Stanley

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

Name

City of registered office

Country of registered office

Morgan Stanley

Wilmington, Delaware

USA

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

04-Nov-2024

6. Date on which Issuer notified

06-Nov-2024

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

0.000000

9.028320

9.028320

898815288

Position of previous notification (if applicable)

0.000000

8.993060

8.993060


8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB0030913577





Sub Total 8.A

0

0.000000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

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

Call Option (Physically Settled)

20/12/2024

at any time

50000

0.000502

Call Option (Physically Settled)

17/01/2025

at any time

50000

0.000502

Call Option (Physically Settled)

21/03/2025

at any time

100000

0.001004

Call Option (Physically Settled)

18/12/2026

at any time

1353800

0.013599

Right of recall over securities lending agreements

at any time

at any time

1811512

0.018196

Sub Total 8.B1


3365312

0.033803%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Call Option (Cash Settled)

13/11/2024

at any time

Cash

32111

0.000323

Call Option (Cash Settled)

19/11/2024

at any time

Cash

97206

0.000976

Call Option (Cash Settled)

07/01/2025

at any time

Cash

142498

0.001431

Call Option (Cash Settled)

08/01/2025

at any time

Cash

82395

0.000828

Call Option (Cash Settled)

14/01/2025

at any time

Cash

125831

0.001264

Call Option (Cash Settled)

22/01/2025

at any time

Cash

105634

0.001061

Call Option (Cash Settled)

31/01/2025

at any time

Cash

26597

0.000267

Compound Option

14/02/2025

at any time

Cash

200003955

2.008978

Compound Option

07/05/2025

at any time

Cash

22850490

0.229526

Compound Option

13/05/2025

at any time

Cash

22850490

0.229526

Compound Option

15/05/2025

at any time

Cash

42354349

0.425436

Compound Option

16/05/2025

at any time

Cash

35337320

0.354953

Compound Option

23/05/2025

at any time

Cash

22850491

0.229526

Compound Option

28/05/2025

at any time

Cash

55983705

0.562339

Compound Option

05/06/2025

at any time

Cash

23236182

0.233400

Compound Option

15/08/2025

at any time

Cash

227158799

2.281741

Compound Option

08/09/2025

at any time

Cash

200589027

2.014855

Equity Swap

20/12/2024

at any time

Cash

3775703

0.037926

Equity Swap

17/03/2025

at any time

Cash

113235

0.001137

Equity Swap

13/05/2025

at any time

Cash

79107

0.000795

Equity Swap

20/06/2025

at any time

Cash

352443

0.003540

Equity Swap

18/08/2025

at any time

Cash

13423

0.000135

Equity Swap

22/09/2025

at any time

Cash

11095253

0.111448

Equity Swap

10/10/2025

at any time

Cash

1170000

0.011752

Equity Swap

20/10/2025

at any time

Cash

3105956

0.031198

Equity Swap

07/04/2026

at any time

Cash

8948164

0.089882

Equity Swap

13/05/2026

at any time

Cash

1310884

0.013167

Equity Swap

26/05/2026

at any time

Cash

4658728

0.046795

Equity Swap

26/04/2029

at any time

Cash

500000

0.005022

Put Option (Physically Settled)

20/12/2024

at any time

Physical

1000000

0.010045

Put Option (Physically Settled)

20/12/2024

at any time

Physical

3500000

0.035156

Put Option (Physically Settled)

20/06/2025

at any time

Physical

2000000

0.020089

Sub Total 8.B2


895449976

8.994517%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Morgan Stanley (Chain 1)





Morgan Stanley (Chain 1)

Morgan Stanley Capital Management, LLC




Morgan Stanley (Chain 1)

Morgan Stanley Domestic Holdings, LLC




Morgan Stanley (Chain 1)

Morgan Stanley Capital Services LLC




Morgan Stanley (Chain 2)





Morgan Stanley (Chain 2)

Morgan Stanley Capital Management, LLC




Morgan Stanley (Chain 2)

Morgan Stanley & Co. LLC




Morgan Stanley (Chain 3)





Morgan Stanley (Chain 3)

Morgan Stanley International Holdings Inc.




Morgan Stanley (Chain 3)

Morgan Stanley International Limited




Morgan Stanley (Chain 3)

Morgan Stanley Investments (UK)




Morgan Stanley (Chain 3)

Morgan Stanley & Co. International plc




Morgan Stanley (Chain 4)





Morgan Stanley (Chain 4)

Morgan Stanley Capital Management, LLC




Morgan Stanley (Chain 4)

Morgan Stanley Bank, N.A.


8.570281

8.570281%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

06-Nov-2024

13. Place Of Completion

Glasgow

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