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Holding(s) in Company

16th Apr 2018 09:46

GKN PLC - Holding(s) in Company

PR Newswire

London, April 16

GKN plc (the "Company")

Legal Entity Identifier: 213800QNZ22GS95OSW84

Classification of Information: 2.3 Major shareholding notifications

The following notification was received by the Company on 13 April 2018.

Katie Lewis

Assistant Secretary

16 April 2018

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			GKN PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Bank of America Corporation
City and country of registered office (if applicable)			Wilmington, DE, United States
4. Full name of shareholder(s) (if different from 3.)v
Name			Merrill Lynch International
City and country of registered office (if applicable)			London, UK
5. Date on which the threshold was crossed or reachedvi:			11th April 2018
6. Date on which issuer notified (DD/MM/YYYY):			13th April 2018
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	8.001%	5.059%		13.060%	1,718,902,276
Position of previous notification (if applicable)	6.547%	5.003%		11.550%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB0030646508		0		137,525,239			0%		8.001%


SUBTOTAL 8. A		137,525,239					8.001%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
N/A		N/A	N/A			N/A			N/A


			SUBTOTAL 8. B 1			N/A			N/A



B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
Exchange Traded Funds	N/A		N/A		Cash Settled			64	0.000%
OTC Option over Index	20-Dec-19		N/A		Cash Settled			185,969	0.011%
Index Futures	15-Jun-18		N/A		Cash Settled			65,868	0.004%
Swaps	17-Apr-2018		N/A		Cash Settled			15,560,925	0.905%
Swaps	19-Apr-2018		N/A		Cash Settled			15,000,000	0.873%
Swaps	20-Jul-2018		N/A		Cash Settled			112,695	0.007%
Swaps	07-Aug-2018		N/A		Cash Settled			5,081,869	0.296%
Swaps	10-Oct-2018		N/A		Cash Settled			149	0.000%
Swaps	31-Oct-2018		N/A		Cash Settled			26,621	0.002%
Swaps	31-Dec-2018		N/A		Cash Settled			70,533	0.004%
Swaps	31-Jan-2019		N/A		Cash Settled			119,307	0.007%
Swaps	13-Feb-2019		N/A		Cash Settled			205,918	0.012%
Swaps	11-Mar-2019		N/A		Cash Settled			64,750	0.004%
Swaps	11-Apr-2019		N/A		Cash Settled			42,953,458	2.499%
Swaps	15-Apr-2019		N/A		Cash Settled			7,443	0.000%
Swaps	30-Apr-2019		N/A		Cash Settled			406,810	0.024%
Swaps	10-May-2019		N/A		Cash Settled			1,138,910	0.066%
Swaps	13-May-2019		N/A		Cash Settled			1,856,000	0.108%
Swaps	29-May-2019		N/A		Cash Settled			17,881	0.001%
Swaps	31-May-2019		N/A		Cash Settled			3,489,363	0.203%
Swaps	26-Jun-2019		N/A		Cash Settled			1,470	0.000%
Swaps	06-Apr-2020		N/A		Cash Settled			500,000	0.029%
Swaps	15-Feb-2023		N/A		Cash Settled			91,011	0.005%
					SUBTOTAL 8.B.2			86,957,013	5.059%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

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 entityxiv (please add additional rows as necessary)

Namexv	% 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	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BofAML Jersey Holdings Limited	N/A	N/A	N/A
BofAML EMEA Holdings 2 Limited	N/A	N/A	N/A
ML UK Capital Holdings Limited	N/A	N/A	N/A
Merrill Lynch International	7.887%	N/A	9.900%

Namexv	% 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	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BAC North America Holding Company	N/A	N/A	N/A
BANA Holding Corporation	N/A	N/A	N/A
Bank of America, National Association	N/A	3.045%	3.050%
U.S. Trust Company of Delaware	N/A	N/A	N/A

Namexv	% 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	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BAC North America Holding Company	N/A	N/A	N/A
Merrill Lynch, Pierce, Fenner & Smith Incorporated	N/A	N/A	N/A

Namexv	% 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	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BAC North America Holding Company	N/A	N/A	N/A
BANA Holding Corporation	N/A	N/A	N/A
Bank of America, National Association	N/A	3.045%	3.050%
Managed Account Advisors LLC	N/A	N/A	N/A

Namexv	% 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	N/A	N/A	N/A
NB Holdings Corporation	N/A	N/A	N/A
BAC North America Holding Company	N/A	N/A	N/A
BANA Holding Corporation	N/A	N/A	N/A
Bank of America, National Association	N/A	3.045%	3.050%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion	United Kingdom
Date of completion	13th April 2018

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