27th Mar 2023 17:34
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0006215205
Issuer Name
NATIONAL EXPRESS GROUP 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
23-Mar-2023
6. Date on which Issuer notified
27-Mar-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 | 0.284448 | 4.758094 | 5.042542 | 30966060 |
Position of previous notification (if applicable) |
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) |
GB0006215205 | 1746772 | 0.284448 | ||
Sub Total 8.A | 1746772 | 0.284448% | ||
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 | 04/04/2023 | 04/04/2023 | Cash | 454143 | 0.073954 |
Cash-settled Equity Swap | 06/04/2023 | 06/04/2023 | Cash | 704249 | 0.114682 |
Cash-settled Equity Swap | 09/05/2023 | 09/05/2023 | Cash | 2423986 | 0.394730 |
Cash-settled Equity Swap | 24/05/2023 | 24/05/2023 | Cash | 8113009 | 1.321151 |
Cash-settled Equity Swap | 26/05/2023 | 26/05/2023 | Cash | 928497 | 0.151194 |
Cash-settled Equity Swap | 04/07/2023 | 04/07/2023 | Cash | 29778 | 0.004849 |
Cash-settled Equity Swap | 05/07/2023 | 05/07/2023 | Cash | 3735 | 0.000607 |
Cash-settled Equity Swap | 02/08/2023 | 02/08/2023 | Cash | 10447 | 0.001698 |
Cash-settled Equity Swap | 27/09/2023 | 27/09/2023 | Cash | 4740778 | 0.772004 |
Cash-settled Equity Swap | 06/11/2023 | 06/11/2023 | Cash | 88763 | 0.014454 |
Cash-settled Equity Swap | 28/11/2023 | 28/11/2023 | Cash | 7587662 | 1.235599 |
Cash-settled Equity Swap | 30/11/2023 | 30/11/2023 | Cash | 115555 | 0.018816 |
Cash-settled Equity Swap | 18/12/2023 | 18/12/2023 | Cash | 194575 | 0.031679 |
Cash-settled Equity Swap | 20/12/2023 | 20/12/2023 | Cash | 397403 | 0.064712 |
Cash-settled Equity Swap | 17/01/2024 | 17/01/2024 | Cash | 593000 | 0.096564 |
Cash-settled Equity Swap | 02/02/2024 | 02/02/2024 | Cash | 7883 | 0.001281 |
Cash-settled Equity Swap | 08/02/2024 | 08/02/2024 | Cash | 12 | 0.000001 |
Cash-settled Equity Swap | 04/03/2024 | 04/03/2024 | Cash | 1909 | 0.000310 |
Cash-settled Equity Swap | 03/04/2024 | 03/04/2024 | Cash | 40227 | 0.006548 |
Cash-settled Equity Swap | 05/04/2024 | 05/04/2024 | Cash | 23730 | 0.003864 |
Cash-settled Equity Swap | 17/04/2024 | 17/04/2024 | Cash | 265000 | 0.043153 |
Cash-settled Equity Swap | 30/04/2024 | 30/04/2024 | Cash | 25003 | 0.004071 |
Cash-settled Equity Swap | 27/09/2024 | 27/09/2024 | Cash | 3296 | 0.000536 |
Cash-settled Equity Swap | 20/03/2025 | 20/03/2025 | Cash | 64126 | 0.010441 |
Cash-settled Equity Swap | 28/04/2026 | 28/04/2026 | Cash | 2088158 | 0.340017 |
Cash-settled Equity Swap | 04/10/2027 | 04/10/2027 | Cash | 287716 | 0.046840 |
Cash-settled Equity Swap | 17/03/2028 | 17/03/2028 | Cash | 26648 | 0.004339 |
Sub Total 8.B2 | 29219288 | 4.758094% | |||
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 | 4.758094 | 5.042542% | |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC | |||
JPMorgan Chase & Co. | JPMorgan Chase Bank, National Association |
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%)
12. Date of Completion
27-Mar-2023
13. Place Of Completion
London
Related Shares:
NEX.L