TR-1 Notification of Major Shareholding
Source: RNS
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
13-Jan-2023
6. Date on which Issuer notified
17-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 |
5.058668 |
0.142137 |
5.200805 |
56324071 |
|
Position of previous notification (if applicable) |
4.957312 |
0.130112 |
5.087424 |
|
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 |
|
54673418 |
|
5.058668 |
|
Sub Total 8.A |
54673418 |
5.058668% |
||
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 |
353455 |
0.032703 |
|
Physically Settled Call Option |
n/a |
24/02/2023 |
20700 |
0.001915 |
|
Sub Total 8.B1 |
|
374155 |
0.034618% |
|
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 |
348479 |
0.032224 |
|
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 |
62607 |
0.005790 |
|
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 |
177489 |
0.016419 |
|
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 |
3322 |
0.000306 |
|
Cash-settled Equity Swap |
14/02/2024 |
14/02/2024 |
Cash |
3200 |
0.000296 |
|
Cash-settled Equity Swap |
15/02/2024 |
15/02/2024 |
Cash |
1165 |
0.000107 |
|
Cash-settled Equity Swap |
04/03/2024 |
04/03/2024 |
Cash |
1291 |
0.000116 |
|
Cash-settled Equity Swap |
17/07/2024 |
17/07/2024 |
Cash |
154040 |
0.014251 |
|
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 |
577 |
0.000053 |
|
Cash-settled Equity Swap |
02/06/2027 |
02/06/2027 |
Cash |
811 |
0.000074 |
|
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 |
0.000718 |
|
Cash-settled Call Option |
24/02/2023 |
24/02/2023 |
Cash |
40800 |
0.000348 |
|
Cash-settled Call Option |
31/03/2023 |
31/03/2023 |
Cash |
41698 |
0.001029 |
|
Sub Total 8.B2 |
|
1276498 |
0.107519% |
||
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 |
4.912209 |
|
5.017633% |
|
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
17-Jan-2023
13. Place Of Completion
London
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