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; An acquisition or disposal of financial instruments
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
25-Nov-2025
6. Date on which Issuer notified
27-Nov-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 |
3.238928 |
1.173931 |
4.412859 |
53264421 |
|
Position of previous notification (if applicable) |
3.184819 |
2.175757 |
5.360576 |
|
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 |
|
39092554 |
|
3.238928 |
|
Sub Total 8.A |
39092554 |
3.238928% |
||
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 shares lent outs |
n/a |
n/a |
4028523 |
0.333765 |
|
Sub Total 8.B1 |
|
4028523 |
0.333765% |
|
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 |
28/11/2025 |
28/11/2025 |
Cash |
1176 |
0.000097 |
|
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 |
234879 |
0.019458 |
|
Cash-settled Equity Swap |
11/02/2026 |
11/02/2026 |
Cash |
295827 |
0.024504 |
|
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 |
63277 |
0.005226 |
|
Cash-settled Equity Swap |
02/04/2026 |
02/04/2026 |
Cash |
38783 |
0.003207 |
|
Cash-settled Equity Swap |
28/04/2026 |
28/04/2026 |
Cash |
306113 |
0.025353 |
|
Cash-settled Equity Swap |
29/04/2026 |
29/04/2026 |
Cash |
11274 |
0.000934 |
|
Cash-settled Equity Swap |
05/05/2026 |
05/05/2026 |
Cash |
630903 |
0.052270 |
|
Cash-settled Equity Swap |
07/05/2026 |
07/05/2026 |
Cash |
5825 |
0.000465 |
|
Cash-settled Equity Swap |
19/05/2026 |
19/05/2026 |
Cash |
25893 |
0.002144 |
|
Cash-settled Equity Swap |
29/05/2026 |
29/05/2026 |
Cash |
96870 |
0.008024 |
|
Cash-settled Equity Swap |
02/06/2026 |
02/06/2026 |
Cash |
3570 |
0.000294 |
|
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 |
0.000158 |
|
Cash-settled Equity Swap |
02/07/2026 |
02/07/2026 |
Cash |
28424 |
0.002353 |
|
Cash-settled Equity Swap |
05/08/2026 |
05/08/2026 |
Cash |
456390 |
0.037804 |
|
Cash-settled Equity Swap |
30/09/2026 |
30/09/2026 |
Cash |
61526 |
0.005088 |
|
Cash-settled Equity Swap |
02/10/2026 |
02/10/2026 |
Cash |
199467 |
0.016520 |
|
Cash-settled Equity Swap |
15/10/2026 |
15/10/2026 |
Cash |
18926 |
0.001564 |
|
Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
1222008 |
0.101247 |
|
Cash-settled Equity Swap |
21/10/2026 |
21/10/2026 |
Cash |
7604 |
0.000628 |
|
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 |
138909 |
0.011502 |
|
Cash-settled Equity Swap |
04/11/2026 |
04/11/2026 |
Cash |
23703 |
0.001962 |
|
Cash-settled Equity Swap |
12/11/2026 |
12/11/2026 |
Cash |
12533 |
0.001035 |
|
Cash-settled Equity Swap |
13/11/2026 |
13/11/2026 |
Cash |
402684 |
0.033357 |
|
Cash-settled Equity Swap |
17/11/2026 |
17/11/2026 |
Cash |
55548 |
0.004601 |
|
Cash-settled Equity Swap |
25/11/2026 |
25/11/2026 |
Cash |
8588 |
0.000711 |
|
Cash-settled Equity Swap |
02/12/2026 |
02/12/2026 |
Cash |
117642 |
0.009723 |
|
Cash-settled Equity Swap |
07/12/2026 |
07/12/2026 |
Cash |
11123 |
0.000919 |
|
Cash-settled Equity Swap |
14/12/2026 |
14/12/2026 |
Cash |
168309 |
0.013927 |
|
Cash-settled Equity Swap |
21/12/2026 |
21/12/2026 |
Cash |
9000 |
0.000745 |
|
Cash-settled Equity Swap |
23/12/2026 |
23/12/2026 |
Cash |
13933 |
0.001146 |
|
Cash-settled Equity Swap |
05/01/2027 |
05/01/2027 |
Cash |
3187813 |
0.264095 |
|
Cash-settled Equity Swap |
13/01/2027 |
13/01/2027 |
Cash |
9592 |
0.000793 |
|
Cash-settled Equity Swap |
19/01/2027 |
19/01/2027 |
Cash |
3572 |
0.000293 |
|
Cash-settled Equity Swap |
04/05/2027 |
04/05/2027 |
Cash |
201941 |
0.016730 |
|
Cash-settled Equity Swap |
29/07/2027 |
29/07/2027 |
Cash |
59 |
0.000004 |
|
Cash-settled Equity Swap |
17/11/2027 |
17/11/2027 |
Cash |
72588 |
0.006013 |
|
Cash-settled Equity Swap |
19/11/2027 |
19/11/2027 |
Cash |
24186 |
0.002003 |
|
Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
229710 |
0.019028 |
|
Cash-settled Equity Swap |
02/03/2029 |
02/03/2029 |
Cash |
468260 |
0.038796 |
|
Cash-settled Equity Swap |
04/04/2030 |
04/04/2030 |
Cash |
67119 |
0.005559 |
|
Cash-settled Equity Swap |
02/05/2030 |
02/05/2030 |
Cash |
903950 |
0.074879 |
|
Cash-settled Equity Swap |
02/07/2030 |
02/07/2030 |
Cash |
44751 |
0.003705 |
|
Cash-settled Equity Swap |
11/10/2030 |
11/10/2030 |
Cash |
28960 |
0.002398 |
|
Cash-settled Call Option |
05/12/2028 |
05/12/2028 |
Cash |
4868 |
0.000403 |
|
Sub Total 8.B2 |
|
10143344 |
0.840166% |
||
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 |
3.208009 |
|
4.373680% |
|
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
27-Nov-2025
13. Place Of Completion
London, United Kingdom