20th May 2022 10:00
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
17-May-2022
6. Date on which Issuer notified
19-May-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 | 11.643433 | 0.195184 | 11.838617 | 12293656 |
Position of previous notification (if applicable) | 9.993649 | 1.949244 | 11.942893 |
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 | 12090970 | 11.643433 | ||
Sub Total 8.A | 12090970 | 11.643433% | ||
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 | 18/01/2023 | 18/01/2023 | Cash | 13313 | 0.012820 |
Cash-settled Equity Swap | 01/03/2023 | 01/03/2023 | Cash | 4160 | 0.004006 |
Cash-settled Equity Swap | 05/04/2023 | 05/04/2023 | Cash | 7678 | 0.007394 |
Cash-settled Equity Swap | 17/04/2023 | 17/04/2023 | Cash | 1 | 0.000001 |
Cash-settled Equity Swap | 19/07/2023 | 19/07/2023 | Cash | 1406 | 0.001354 |
Cash-settled Equity Swap | 05/01/2027 | 05/01/2027 | Cash | 50501 | 0.048632 |
Cash-settled Equity Swap | 02/03/2027 | 02/03/2027 | Cash | 125627 | 0.120977 |
Sub Total 8.B2 | 202686 | 0.195184% | |||
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 | 11.643433 | 11.838617% |
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
19-May-2022
13. Place Of Completion
London
Related Shares:
CLG.L