Holding(s) in Company

RNS Number : 8977V

Smart Metering Systems PLC

11 April 2019

 

TR-1: Standard form for notification of major holdings  

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Smart Metering Systems plc
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			JPMorgan Chase & Co.
City and country of registered office (if applicable)			Wilmington, Delaware, USA
4. Full name of shareholder(s) (if different from 3.)v
Name			J.P. Morgan Securities Plc J.P. Morgan Securities LLC
City and country of registered office (if applicable)			London, United Kingdom
5. Date on which the threshold was crossed or reachedvi:			08 April 2019
6. Date on which issuer notified (DD/MM/YYYY):			10 April 2019
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	3.29%	1.93%		5.22%	112,548,050
Position of previous notification (if applicable)	N/A	N/A		N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix				% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00B4X1RC86			3,699,037			3.29%
SUBTOTAL 8. A	3,699,037				3.29%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi		Number of voting rights that may be acquired if the instrument is exercised/converted.		% of voting rights
Right to Recall	N/A	N/A		1,030,000		0.92%
		SUBTOTAL 8. B 1		1,030,000		0.92%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
Cash-settled Equity Swap	12/04/2019	12/04/2019	Cash	33,524	0.03%
Cash-settled Equity Swap	18/04/2019	18/04/2019	Cash	6,436	0.01%
Cash-settled Equity Swap	12/06/2019	12/06/2019	Cash	4,382	0.00%
Cash-settled Equity Swap	05/08/2019	05/08/2019	Cash	114,324	0.10%
Cash-settled Equity Swap	06/08/2019	06/08/2019	Cash	164,000	0.15%
Cash-settled Equity Swap	22/10/2019	22/10/2019	Cash	15,231	0.01%
Cash-settled Equity Swap	31/12/2019	31/12/2019	Cash	328,831	0.29%
Cash-settled Equity Swap	07/01/2020	07/01/2020	Cash	55,578	0.05%
Cash-settled Equity Swap	13/02/2020	13/02/2020	Cash	1,370	0.00%
Cash-settled Equity Swap	03/03/2020	03/03/2020	Cash	731	0.00%
Cash-settled Equity Swap	18/03/2020	18/03/2020	Cash	105,260	0.09%
Cash-settled Equity Swap	24/03/2020	24/03/2020	Cash	46	0.00%
Cash-settled Equity Swap	30/04/2020	30/04/2020	Cash	75,539	0.07%
Cash-settled Equity Swap	07/05/2020	07/05/2020	Cash	8,472	0.01%
Cash-settled Equity Swap	12/05/2020	12/05/2020	Cash	812	0.00%
Cash-settled Equity Swap	19/05/2020	19/05/2020	Cash	12,076	0.01%
Cash-settled Equity Swap	29/03/2021	29/03/2021	Cash	15,122	0.01%
Cash-settled Equity Swap	09/12/2022	09/12/2022	Cash	42,046	0.04%
Cash-settled Equity Swap	08/02/2023	08/02/2023	Cash	162,348	0.14%
			SUBTOTAL 8.B.2	1,146,128	1.02%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
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 entityxiv (please add additional rows as necessary)				X
Namexv	% 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.
JPMorgan Chase Bank, National Association
J.P. Morgan International Finance Limited
J.P. Morgan Capital Holdings Limited
J.P. Morgan Securities plc	3.08%		5.01%
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC
J.P. Morgan Broker-Dealer Holdings Inc.
J.P. Morgan Securities LLC
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi
Table 8A) Includes stock borrows of 1,372,144 (1.22%) 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. (100%) JPMorgan Chase Holdings LLC (100%) J.P. Morgan Broker-Dealer Holdings Inc. (100%) J.P. Morgan Securities LLC (100%)

Place of completion	London, United Kingdom
Date of completion	10 April 2019

 

END

 

 

HOLEAPLFFLSNEEF