Charles Taylor : Holding(s) in Company - 20 January 2020 - Morgan Stanley & Co International plc

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer andto the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer

of existing shares to which voting rights areCHARLES TAYLOR PLCattachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification(please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights					X
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Morgan Stanley
City and country of registered office (if applicable)	Wilmington, Delaware, USA
4. Full name of shareholder(s) (if different from 3.)v
Name			Morgan Stanley & Co. International plc
City and country of registered office (if applicable)	London, UNITED KINGDOM.
5. Date on which the threshold was crossed or	15/01/2020
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY):	17/01/2020
7. Total positions of person(s) subject to the notification obligation
	% of voting rights	% of voting rights			Total number of
	through financial in-		Total of both in %
	attached to shares		voting rights of
	struments		(8.A + 8.B)
	(total of 8. A)		issuervii
	(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which	6.96%	0.00%			6.96%	80,727,542
threshold was
crossed or reached
Position of previous	7.08%	0.00%			7.08%
notification (if
applicable)
						1

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

A: Voting rights attached to shares

Class/type of	Number of voting rightsix	% of voting rights
shares
ISIN code (if possible)	Direct	Indirect	Direct	Indirect
	(Art 9 of Directive	(Art 10 of Directive	(Art 9 of Directive	(Art 10 of Directive
	2004/109/EC) (DTR5.1)	2004/109/EC)	2004/109/EC) (DTR5.1)	2004/109/EC)
		(DTR5.2.1)		(DTR5.2.1)
GB0001883718		5,616,883		6.96%

SUBTOTAL 8. A

5,616,883

6.96%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

		Exercise/	Number of voting rights
Type of financial	Expiration	that may be acquired if	% of voting rights
instrument	datex	Conversion Periodxi	the instrument is
			exercised/converted.

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial	Expiration	Exercise/	Physical or	Number of
Conversion	cash	% of voting rights
	x
instrument	date	Period xi	settlementxii	voting rights

SUBTOTAL 8.B.2

2

9. Information in relation to the person subject to the notification obligation(please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Fullchain 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 entityxivX(please add additional rows as necessary)

	% of voting rights if it	% of voting rights	Total of both if it
	through financial in-
	equals or is higher	equals or is higher
Namexv	struments if it equals
	than the notifiable	or is higher than the	than the notifiable
	threshold	threshold
	notifiable threshold
Morgan Stanley
Morgan Stanley Interna-
tional Holdings Inc.
Morgan Stanley Interna-
tional Limited
Morgan Stanley Invest-
ments (UK)
Morgan Stanley & Co.	6.96%		6.96%
International plc

10.In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion	Glasgow
Date of completion	17/01/2020

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