TR-1 Notification of Major Shareholding

RNS Number : 1566N
SSE PLC
18 January 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 voting rights

3. Details of person subject to the notification obligation

Name

JPMorgan Chase & Co.

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

J.P. Morgan Securities plc



5. Date on which the threshold was crossed or reached

13-Jan-2023

6. Date on which Issuer notified

17-Jan-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

5.058668

0.142137

5.200805

56324071

Position of previous notification (if applicable)

4.957312

0.130112

5.087424


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


54673418


5.058668

Sub Total 8.A

54673418

5.058668%

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

Depository Receipt

n/a

n/a

353455

0.032703

Physically Settled Call Option

n/a

24/02/2023

20700

0.001915

Sub Total 8.B1


374155

0.034618%

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

Cash-settled Equity Swap

19/04/2023

19/04/2023

Cash

5543

0.000512

Cash-settled Equity Swap

30/05/2023

30/05/2023

Cash

348479

0.032224

Cash-settled Equity Swap

21/06/2023

21/06/2023

Cash

8259

0.000764

Cash-settled Equity Swap

28/09/2023

28/09/2023

Cash

1386

0.000128

Cash-settled Equity Swap

20/11/2023

20/11/2023

Cash

62607

0.005790

Cash-settled Equity Swap

27/12/2023

27/12/2023

Cash

40500

0.003740

Cash-settled Equity Swap

28/12/2023

28/12/2023

Cash

177489

0.016419

Cash-settled Equity Swap

03/01/2024

03/01/2024

Cash

45670

0.004224

Cash-settled Equity Swap

09/01/2024

09/01/2024

Cash

1451

0.000134

Cash-settled Equity Swap

16/01/2024

16/01/2024

Cash

27539

0.002548

Cash-settled Equity Swap

18/01/2024

18/01/2024

Cash

4948

0.000457

Cash-settled Equity Swap

24/01/2024

24/01/2024

Cash

26921

0.002490

Cash-settled Equity Swap

02/02/2024

02/02/2024

Cash

93

0.000007

Cash-settled Equity Swap

07/02/2024

07/02/2024

Cash

3322

0.000306

Cash-settled Equity Swap

14/02/2024

14/02/2024

Cash

3200

0.000296

Cash-settled Equity Swap

15/02/2024

15/02/2024

Cash

1165

0.000107

Cash-settled Equity Swap

04/03/2024

04/03/2024

Cash

1291

0.000116

Cash-settled Equity Swap

17/07/2024

17/07/2024

Cash

154040

0.014251

Cash-settled Equity Swap

07/01/2026

07/01/2026

Cash

28507

0.002637

Cash-settled Equity Swap

27/04/2026

27/04/2026

Cash

43192

0.003994

Cash-settled Equity Swap

04/12/2026

04/12/2026

Cash

577

0.000053

Cash-settled Equity Swap

02/06/2027

02/06/2027

Cash

811

0.000074

Cash-settled Equity Swap

02/09/2027

02/09/2027

Cash

137553

0.012725

Cash-settled Equity Swap

02/12/2027

02/12/2027

Cash

6413

0.000592

Cash-settled Equity Swap

07/01/2028

07/01/2028

Cash

9044

0.000836

Cash-settled Call Option

03/02/2023

03/02/2023

Cash

54000

0.000718

Cash-settled Call Option

24/02/2023

24/02/2023

Cash

40800

0.000348

Cash-settled Call Option

31/03/2023

31/03/2023

Cash

41698

0.001029

Sub Total 8.B2


1276498

0.107519%

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

JPMorgan Chase & Co.

J.P. Morgan Securities plc

4.912209


5.017633%

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association




JPMorgan Chase & Co.

J.P. Morgan SE




JPMorgan Chase & Co.

J.P. Morgan Securities LLC




JPMorgan Chase & Co.

J.P. Morgan Markets Limited




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

Chain of controlled undertakings:

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)

JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
Bear Stearns Irish Holdings LLC (100%)
J.P. Morgan Financial Investments Limited (100%)
J.P. Morgan Markets Limited (100%)

12. Date of Completion

17-Jan-2023

13. Place Of Completion

London

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
HOLBDGDBSSBDGXI

Companies

SSE (SSE)
UK 100

Latest directors dealings