Holding(s) in Company
Source: RNS
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
11-Apr-2023
6. Date on which Issuer notified
13-Apr-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 |
0.268372 |
4.744924 |
5.013296 |
30786434 |
|
Position of previous notification (if applicable) |
Below Minimum Threshold |
Below Minimum Threshold |
Below Minimum Threshold |
|
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 |
|
1648056 |
|
0.268372 |
|
Sub Total 8.A |
1648056 |
0.268372% |
||
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 |
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 |
29130 |
0.004743 |
|
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 |
11/10/2023 |
11/10/2023 |
Cash |
704249 |
0.114682 |
|
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 |
7622937 |
1.241342 |
|
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 |
215718 |
0.035123 |
|
Cash-settled Equity Swap |
20/12/2023 |
20/12/2023 |
Cash |
353616 |
0.057583 |
|
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 |
290641 |
0.047328 |
|
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 |
16310 |
0.002655 |
|
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 |
15849 |
0.002580 |
|
Cash-settled Equity Swap |
02/05/2024 |
02/05/2024 |
Cash |
465193 |
0.075752 |
|
Cash-settled Equity Swap |
14/05/2024 |
14/05/2024 |
Cash |
4383 |
0.000713 |
|
Cash-settled Equity Swap |
15/05/2024 |
15/05/2024 |
Cash |
2079 |
0.000338 |
|
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 |
29879 |
0.004864 |
|
Cash-settled Equity Swap |
28/04/2026 |
28/04/2026 |
Cash |
1689568 |
0.275109 |
|
Cash-settled Equity Swap |
04/10/2027 |
04/10/2027 |
Cash |
336093 |
0.054727 |
|
Cash-settled Equity Swap |
17/03/2028 |
17/03/2028 |
Cash |
26648 |
0.004339 |
|
Sub Total 8.B2 |
|
29138378 |
4.744924% |
||
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 |
|
4.744924 |
5.011621% |
|
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
13-Apr-2023
13. Place Of Completion
London
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