Holding(s) in Company

SSE PLC
28 July 2023
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0007908733

Issuer Name

SSE PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

Name

City of registered office

Country of registered office

Merrill Lynch International

London

United Kingdom

5. Date on which the threshold was crossed or reached

27-Jul-2023

6. Date on which Issuer notified

28-Jul-2023

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

3.496127

3.741202

7.237329

78912497

Position of previous notification (if applicable)

3.198076

2.939021

6.137097


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)

GB0007908733


37674020


3.455210

US78467K1079


446137


0.040917

Sub Total 8.A

38120157

3.496127%

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

Right to Recall

n/a

n/a

136688

0.012536

Sub Total 8.B1


136688

0.012536%

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

Swaps

31/07/2024

N/A

Cash

653876

0.059969

Swaps

18/11/2024

N/A

Cash

580561

0.053245

Swaps

31/01/2024

N/A

Cash

94533

0.008670

Swaps

18/03/2026

N/A

Cash

89328

0.008193

Swaps

15/02/2028

N/A

Cash

31561

0.002895

Swaps

01/03/2024

N/A

Cash

2257400

0.207034

Swaps

26/05/2026

N/A

Cash

75695

0.006942

Swaps

15/07/2024

N/A

Cash

662500

0.060760

Swaps

17/07/2028

N/A

Cash

307

0.000028

Swaps

31/05/2024

N/A

Cash

26020000

2.386381

Swaps

09/06/2025

N/A

Cash

2653

0.000243

Swaps

25/02/2025

N/A

Cash

3888

0.000357

Swaps

27/08/2024

N/A

Cash

14458

0.001326

Swaps

24/08/2023

N/A

Cash

6197998

0.568439

Swaps

02/07/2024

N/A

Cash

15474

0.001419

Swaps

03/10/2025

N/A

Cash

10694

0.000981

Swaps

13/01/2025

N/A

Cash

3921205

0.359627

Equity Option

20/10/2023

N/A

Cash

12746

0.001169

Equity Option

24/08/2023

N/A

Cash

10775

0.000988

Sub Total 8.B2


40655652

3.728666%

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

Bank of America Corporation

Bank of America, National Association




Bank of America Corporation

BofA Securities Europe SA




Bank of Corporation

Managed Account Advisors, LLC




Bank of America Corporation

Merrill Lynch International

3.057550

3.301875

6.359426%

Bank of America Corporation

U.S. Trust Co of Delaware




Bank of Corporation

Merrill Lynch, Pierce, Fenner & Smith Inc.




Bank of America Corporation

BofA Securities, Inc.




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

28-Jul-2023

13. Place Of Completion

United Kingdom

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