Holding(s) in Company

RNS Number : 3022W

National Express Group PLC

14 April 2023

 

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

 

END

 

 

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