16th Dec 2024 16:30
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
12-Dec-2024
6. Date on which Issuer notified
16-Dec-2024
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 | 3.332202 | 2.601901 | 5.934103 | 65483683 |
Position of previous notification (if applicable) | 2.040529 | 0.161755 | 2.202284 |
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 | 36770585 | 3.332202 | ||
Sub Total 8.A | 36770585 | 3.332202% | ||
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 |
Physically settled Call Option | 21/02/2025 | 21/02/2025 | 221000 | 0.020027 |
Sub Total 8.B1 | 221000 | 0.020027% | ||
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 | 16/01/2025 | 16/01/2025 | Cash | 61268 | 0.005551 |
Cash-settled Equity Swap | 31/01/2025 | 31/01/2025 | Cash | 78712 | 0.007127 |
Cash-settled Equity Swap | 21/02/2025 | 21/02/2025 | Cash | 130 | 0.000011 |
Cash-settled Equity Swap | 27/02/2025 | 27/02/2025 | Cash | 4715 | 0.000427 |
Cash-settled Equity Swap | 18/03/2025 | 18/03/2025 | Cash | 2742993 | 0.248575 |
Cash-settled Equity Swap | 19/03/2025 | 19/03/2025 | Cash | 2412061 | 0.218586 |
Cash-settled Equity Swap | 08/05/2025 | 08/05/2025 | Cash | 2664 | 0.000241 |
Cash-settled Equity Swap | 14/05/2025 | 14/05/2025 | Cash | 828318 | 0.075063 |
Cash-settled Equity Swap | 29/05/2025 | 29/05/2025 | Cash | 1918 | 0.000173 |
Cash-settled Equity Swap | 03/06/2025 | 03/06/2025 | Cash | 795465 | 0.072084 |
Cash-settled Equity Swap | 17/06/2025 | 17/06/2025 | Cash | 1732654 | 0.157017 |
Cash-settled Equity Swap | 07/07/2025 | 07/07/2025 | Cash | 543138 | 0.049215 |
Cash-settled Equity Swap | 23/07/2025 | 23/07/2025 | Cash | 4370052 | 0.396024 |
Cash-settled Equity Swap | 29/07/2025 | 29/07/2025 | Cash | 333 | 0.000022 |
Cash-settled Equity Swap | 06/08/2025 | 06/08/2025 | Cash | 3142 | 0.000281 |
Cash-settled Equity Swap | 12/08/2025 | 12/08/2025 | Cash | 860 | 0.000077 |
Cash-settled Equity Swap | 19/08/2025 | 19/08/2025 | Cash | 891005 | 0.080735 |
Cash-settled Equity Swap | 02/09/2025 | 02/09/2025 | Cash | 1926 | 0.000174 |
Cash-settled Equity Swap | 10/09/2025 | 10/09/2025 | Cash | 8183 | 0.000741 |
Cash-settled Equity Swap | 18/09/2025 | 18/09/2025 | Cash | 447415 | 0.040545 |
Cash-settled Equity Swap | 24/09/2025 | 24/09/2025 | Cash | 2272688 | 0.205956 |
Cash-settled Equity Swap | 15/10/2025 | 15/10/2025 | Cash | 9677 | 0.000874 |
Cash-settled Equity Swap | 05/11/2025 | 05/11/2025 | Cash | 118360 | 0.010696 |
Cash-settled Equity Swap | 19/11/2025 | 19/11/2025 | Cash | 587 | 0.000052 |
Cash-settled Equity Swap | 02/12/2025 | 02/12/2025 | Cash | 72932 | 0.006601 |
Cash-settled Equity Swap | 08/12/2025 | 08/12/2025 | Cash | 957 | 0.000086 |
Cash-settled Equity Swap | 10/12/2025 | 10/12/2025 | Cash | 71056 | 0.006439 |
Cash-settled Equity Swap | 16/12/2025 | 16/12/2025 | Cash | 163 | 0.000014 |
Cash-settled Equity Swap | 22/12/2025 | 22/12/2025 | Cash | 62200 | 0.005632 |
Cash-settled Equity Swap | 24/12/2025 | 24/12/2025 | Cash | 1342 | 0.000121 |
Cash-settled Equity Swap | 31/12/2025 | 31/12/2025 | Cash | 1211 | 0.000109 |
Cash-settled Equity Swap | 05/01/2026 | 05/01/2026 | Cash | 371253 | 0.033636 |
Cash-settled Equity Swap | 07/01/2026 | 07/01/2026 | Cash | 11549 | 0.001023 |
Cash-settled Equity Swap | 14/01/2026 | 14/01/2026 | Cash | 38994 | 0.003533 |
Cash-settled Equity Swap | 19/01/2026 | 19/01/2026 | Cash | 1385 | 0.000124 |
Cash-settled Equity Swap | 03/02/2026 | 03/02/2026 | Cash | 9301000 | 0.842875 |
Cash-settled Equity Swap | 02/10/2026 | 02/10/2026 | Cash | 115964 | 0.010508 |
Cash-settled Equity Swap | 07/10/2026 | 07/10/2026 | Cash | 358394 | 0.032477 |
Cash-settled Equity Swap | 16/10/2026 | 16/10/2026 | Cash | 193550 | 0.017539 |
Cash-settled Equity Swap | 23/11/2026 | 23/11/2026 | Cash | 148385 | 0.013445 |
Cash-settled Equity Swap | 25/11/2026 | 25/11/2026 | Cash | 145706 | 0.013201 |
Cash-settled Equity Swap | 07/12/2026 | 07/12/2026 | Cash | 141562 | 0.012828 |
Cash-settled Equity Swap | 11/07/2028 | 11/07/2028 | Cash | 62648 | 0.005677 |
Cash-settled Equity Swap | 01/11/2028 | 01/11/2028 | Cash | 5428 | 0.000491 |
Cash-settled Equity Swap | 02/03/2029 | 02/03/2029 | Cash | 28137 | 0.002549 |
Cash-settled Equity Swap | 02/11/2029 | 02/11/2029 | Cash | 21868 | 0.001981 |
Cash-settled Equity Swap | 23/11/2029 | 23/11/2029 | Cash | 14 | 0.000001 |
Cash settled Call Options | 05/12/2028 | 05/12/2028 | Cash | 8136 | 0.000737 |
Sub Total 8.B2 | 28492098 | 2.581874% | |||
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 | 3.280423 | 5.862297% | |
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
16-Dec-2024
13. Place Of Completion
London
Related Shares:
SSE