18th Jan 2023 12:14
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-Jan-2023
6. Date on which Issuer notified
16-Jan-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 | 4.957312 | 0.130112 | 5.087424 | 55087765 |
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) |
GB0007908733 | 53578009 | 4.957312 | ||
Sub Total 8.A | 53578009 | 4.957312% | ||
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 |
Depository Receipt | n/a | n/a | 351055 | 0.032481 |
Physically Settled Call Option | 14/02/2023 | 20700 | 0.001915 | |
Sub Total 8.B1 | 371755 | 0.034396% | ||
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 | 19/04/2023 | 19/04/2023 | Cash | 5543 | 0.000512 |
Cash-settled Equity Swap | 30/05/2023 | 30/05/2023 | Cash | 351846 | 0.032536 |
Cash-settled Equity Swap | 21/06/2023 | 21/06/2023 | Cash | 8259 | 0.000764 |
Cash-settled Equity Swap | 28/09/2023 | 28/09/2023 | Cash | 1386 | 0.000128 |
Cash-settled Equity Swap | 20/11/2023 | 20/11/2023 | Cash | 61884 | 0.005723 |
Cash-settled Equity Swap | 27/12/2023 | 27/12/2023 | Cash | 40500 | 0.003740 |
Cash-settled Equity Swap | 28/12/2023 | 28/12/2023 | Cash | 174578 | 0.016150 |
Cash-settled Equity Swap | 03/01/2024 | 03/01/2024 | Cash | 45670 | 0.004224 |
Cash-settled Equity Swap | 09/01/2024 | 09/01/2024 | Cash | 1451 | 0.000134 |
Cash-settled Equity Swap | 16/01/2024 | 16/01/2024 | Cash | 27539 | 0.002548 |
Cash-settled Equity Swap | 18/01/2024 | 18/01/2024 | Cash | 4948 | 0.000457 |
Cash-settled Equity Swap | 24/01/2024 | 24/01/2024 | Cash | 26921 | 0.002490 |
Cash-settled Equity Swap | 02/02/2024 | 02/02/2024 | Cash | 93 | 0.000007 |
Cash-settled Equity Swap | 07/02/2024 | 07/02/2024 | Cash | 3318 | 0.000306 |
Cash-settled Equity Swap | 14/02/2024 | 14/02/2024 | Cash | 17550 | 0.001623 |
Cash-settled Equity Swap | 04/03/2024 | 04/03/2024 | Cash | 1291 | 0.000116 |
Cash-settled Equity Swap | 07/01/2026 | 07/01/2026 | Cash | 28507 | 0.002637 |
Cash-settled Equity Swap | 27/04/2026 | 27/04/2026 | Cash | 43192 | 0.003994 |
Cash-settled Equity Swap | 04/12/2026 | 04/12/2026 | Cash | 3152 | 0.000291 |
Cash-settled Equity Swap | 02/06/2027 | 02/06/2027 | Cash | 865 | 0.000079 |
Cash-settled Equity Swap | 02/09/2027 | 02/09/2027 | Cash | 137553 | 0.012725 |
Cash-settled Equity Swap | 02/12/2027 | 02/12/2027 | Cash | 6413 | 0.000592 |
Cash-settled Equity Swap | 07/01/2028 | 07/01/2028 | Cash | 9044 | 0.000836 |
Cash-settled Call Option | 03/02/2023 | 03/02/2023 | Cash | 54000 | 0.001264 |
Cash-settled Call Option | 24/02/2023 | 24/02/2023 | Cash | 40800 | 0.000571 |
Cash-settled Call Option | 31/03/2023 | 31/03/2023 | Cash | 41698 | 0.001269 |
Sub Total 8.B2 | 1138001 | 0.095716% | |||
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 | 4.800564 | 4.893176% | |
JPMorgan Chase & Co. | JPMorgan Chase Bank, National Association | |||
JPMorgan Chase & Co. | J.P. Morgan SE | |||
JPMorgan Chase & Co. | J.P. Morgan Securities LLC | |||
JPMorgan Chase & Co. | J.P. Morgan Markets Limited |
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%)JPMorgan Chase & Co.JPMorgan Chase Bank, National Association (100%)JPMorgan Chase & Co.JPMorgan Chase Holdings LLC (100%)Bear Stearns Irish Holdings LLC (100%)J.P. Morgan Financial Investments Limited (100%)J.P. Morgan Markets Limited (100%)
12. Date of Completion
16-Jan-2023
13. Place Of Completion
London
Related Shares:
SSE