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
01-Dec-2025
6. Date on which Issuer notified
03-Dec-2025
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 |
5.529208 |
0.819051 |
6.348259 |
76626950 |
|
Position of previous notification (if applicable) |
5.130766 |
0.790202 |
5.920968 |
|
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 |
|
66740562 |
|
5.529208 |
|
Sub Total 8.A |
66740562 |
5.529208% |
||
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 |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
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 |
24/12/2025 |
24/12/2025 |
Cash |
1164 |
0.000096 |
|
Cash-settled Equity Swap |
31/12/2025 |
31/12/2025 |
Cash |
1211 |
0.000100 |
|
Cash-settled Equity Swap |
16/01/2026 |
16/01/2026 |
Cash |
90026 |
0.007458 |
|
Cash-settled Equity Swap |
20/01/2026 |
20/01/2026 |
Cash |
24095 |
0.001996 |
|
Cash-settled Equity Swap |
10/02/2026 |
10/02/2026 |
Cash |
226772 |
0.018787 |
|
Cash-settled Equity Swap |
11/02/2026 |
11/02/2026 |
Cash |
305607 |
0.025318 |
|
Cash-settled Equity Swap |
03/03/2026 |
03/03/2026 |
Cash |
2141 |
0.000177 |
|
Cash-settled Equity Swap |
05/03/2026 |
05/03/2026 |
Cash |
367 |
0.000030 |
|
Cash-settled Equity Swap |
18/03/2026 |
18/03/2026 |
Cash |
101889 |
0.008441 |
|
Cash-settled Equity Swap |
24/03/2026 |
24/03/2026 |
Cash |
66055 |
0.005472 |
|
Cash-settled Equity Swap |
02/04/2026 |
02/04/2026 |
Cash |
40485 |
0.003354 |
|
Cash-settled Equity Swap |
28/04/2026 |
28/04/2026 |
Cash |
345713 |
0.028641 |
|
Cash-settled Equity Swap |
29/04/2026 |
29/04/2026 |
Cash |
11112 |
0.000921 |
|
Cash-settled Equity Swap |
05/05/2026 |
05/05/2026 |
Cash |
630903 |
0.052268 |
|
Cash-settled Equity Swap |
07/05/2026 |
07/05/2026 |
Cash |
5825 |
0.000483 |
|
Cash-settled Equity Swap |
19/05/2026 |
19/05/2026 |
Cash |
25810 |
0.002138 |
|
Cash-settled Equity Swap |
29/05/2026 |
29/05/2026 |
Cash |
93290 |
0.007729 |
|
Cash-settled Equity Swap |
02/06/2026 |
02/06/2026 |
Cash |
3570 |
0.000296 |
|
Cash-settled Equity Swap |
10/06/2026 |
10/06/2026 |
Cash |
1067 |
0.000088 |
|
Cash-settled Equity Swap |
01/07/2026 |
01/07/2026 |
Cash |
1918 |
0.000159 |
|
Cash-settled Equity Swap |
05/08/2026 |
05/08/2026 |
Cash |
371492 |
0.030777 |
|
Cash-settled Equity Swap |
30/09/2026 |
30/09/2026 |
Cash |
103467 |
0.008572 |
|
Cash-settled Equity Swap |
02/10/2026 |
02/10/2026 |
Cash |
96335 |
0.007981 |
|
Cash-settled Equity Swap |
15/10/2026 |
15/10/2026 |
Cash |
18926 |
0.001568 |
|
Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
1160737 |
0.096163 |
|
Cash-settled Equity Swap |
21/10/2026 |
21/10/2026 |
Cash |
3492 |
0.000289 |
|
Cash-settled Equity Swap |
28/10/2026 |
28/10/2026 |
Cash |
1390 |
0.000115 |
|
Cash-settled Equity Swap |
03/11/2026 |
03/11/2026 |
Cash |
70559 |
0.005846 |
|
Cash-settled Equity Swap |
04/11/2026 |
04/11/2026 |
Cash |
27 |
0.000002 |
|
Cash-settled Equity Swap |
12/11/2026 |
12/11/2026 |
Cash |
14011 |
0.001161 |
|
Cash-settled Equity Swap |
13/11/2026 |
13/11/2026 |
Cash |
650886 |
0.053923 |
|
Cash-settled Equity Swap |
17/11/2026 |
17/11/2026 |
Cash |
63980 |
0.005301 |
|
Cash-settled Equity Swap |
30/11/2026 |
30/11/2026 |
Cash |
186 |
0.000015 |
|
Cash-settled Equity Swap |
01/12/2026 |
01/12/2026 |
Cash |
5634 |
0.000467 |
|
Cash-settled Equity Swap |
02/12/2026 |
02/12/2026 |
Cash |
119432 |
0.009894 |
|
Cash-settled Equity Swap |
07/12/2026 |
07/12/2026 |
Cash |
5802 |
0.000481 |
|
Cash-settled Equity Swap |
14/12/2026 |
14/12/2026 |
Cash |
200640 |
0.016622 |
|
Cash-settled Equity Swap |
21/12/2026 |
21/12/2026 |
Cash |
9000 |
0.000746 |
|
Cash-settled Equity Swap |
23/12/2026 |
23/12/2026 |
Cash |
12813 |
0.001062 |
|
Cash-settled Equity Swap |
31/12/2026 |
31/12/2026 |
Cash |
2206 |
0.000183 |
|
Cash-settled Equity Swap |
05/01/2027 |
05/01/2027 |
Cash |
2760396 |
0.228689 |
|
Cash-settled Equity Swap |
13/01/2027 |
13/01/2027 |
Cash |
10393 |
0.000861 |
|
Cash-settled Equity Swap |
15/01/2027 |
15/01/2027 |
Cash |
248662 |
0.020601 |
|
Cash-settled Equity Swap |
20/01/2027 |
20/01/2027 |
Cash |
16648 |
0.001379 |
|
Cash-settled Equity Swap |
02/02/2027 |
02/02/2027 |
Cash |
21351 |
0.001769 |
|
Cash-settled Equity Swap |
04/05/2027 |
04/05/2027 |
Cash |
204398 |
0.016934 |
|
Cash-settled Equity Swap |
29/07/2027 |
29/07/2027 |
Cash |
59 |
0.000005 |
|
Cash-settled Equity Swap |
17/11/2027 |
17/11/2027 |
Cash |
75947 |
0.006292 |
|
Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
83189 |
0.006892 |
|
Cash-settled Equity Swap |
02/03/2029 |
02/03/2029 |
Cash |
402878 |
0.033377 |
|
Cash-settled Equity Swap |
04/04/2030 |
04/04/2030 |
Cash |
67119 |
0.005561 |
|
Cash-settled Equity Swap |
02/05/2030 |
02/05/2030 |
Cash |
1021075 |
0.084592 |
|
Cash-settled Equity Swap |
02/07/2030 |
02/07/2030 |
Cash |
49858 |
0.004131 |
|
Cash-settled Equity Swap |
11/10/2030 |
11/10/2030 |
Cash |
28960 |
0.002399 |
|
Cash-settled Equity Swap |
28/11/2030 |
28/11/2030 |
Cash |
670 |
0.000056 |
|
Cash-settled Call Option |
05/12/2028 |
05/12/2028 |
Cash |
4750 |
0.000393 |
|
Sub Total 8.B2 |
|
9886388 |
0.819051% |
||
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 |
5.411945 |
|
6.222735% |
|
JPMorgan Chase & Co. |
J.P. Morgan SE |
|
|
|
|
JPMorgan Chase & Co. |
J.P. Morgan Securities LLC |
|
|
|
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%)
12. Date of Completion
03-Dec-2025
13. Place Of Completion
London