12th Apr 2022 16:41
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMMV6B79
Issuer Name
CLIPPER LOGISTICS 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
08-Apr-2022
6. Date on which Issuer notified
12-Apr-2022
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 | 11.265416 | 1.987635 | 13.253051 | 13584172 |
Position of previous notification (if applicable) | 10.578569 | 1.989213 | 12.567782 |
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) |
GB00BMMV6B79 | 11546876 | 11.265416 | ||
Sub Total 8.A | 11546876 | 11.265416% | ||
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 | 05/05/2022 | 05/05/2022 | Cash | 864853 | 0.843772 |
Cash-settled Equity Swap | 28/06/2022 | 28/06/2022 | Cash | 532000 | 0.519032 |
Cash-settled Equity Swap | 29/06/2022 | 29/06/2022 | Cash | 421000 | 0.410738 |
Cash-settled Equity Swap | 18/01/2023 | 18/01/2023 | Cash | 13313 | 0.012988 |
Cash-settled Equity Swap | 01/03/2023 | 01/03/2023 | Cash | 3632 | 0.003543 |
Cash-settled Equity Swap | 04/04/2023 | 04/04/2023 | Cash | 1222 | 0.001192 |
Cash-settled Equity Swap | 05/04/2023 | 05/04/2023 | Cash | 7757 | 0.007568 |
Cash-settled Equity Swap | 17/04/2023 | 17/04/2023 | Cash | 1 | 0.000001 |
Cash-settled Equity Swap | 03/05/2023 | 03/05/2023 | Cash | 4017 | 0.003919 |
Cash-settled Equity Swap | 05/01/2027 | 05/01/2027 | Cash | 59892 | 0.058432 |
Cash-settled Equity Swap | 02/03/2027 | 02/03/2027 | Cash | 129609 | 0.126450 |
Sub Total 8.B2 | 2037296 | 1.987635% | |||
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 | 11.265416 | 13.253051% |
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%)
12. Date of Completion
12-Apr-2022
13. Place Of Completion
London
Related Shares:
CLG.L