Holding(s) in Company

SSE PLC

28 July 2023

 

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 financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

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
Merrill Lynch International	London	United Kingdom

5. Date on which the threshold was crossed or reached

27-Jul-2023

6. Date on which Issuer notified

28-Jul-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	3.496127	3.741202	7.237329	78912497
Position of previous notification (if applicable)	3.198076	2.939021	6.137097

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		37674020		3.455210
US78467K1079		446137		0.040917
Sub Total 8.A	38120157		3.496127%

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
Right to Recall	n/a	n/a	136688	0.012536
Sub Total 8.B1			136688	0.012536%

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
Swaps	31/07/2024	N/A	Cash	653876	0.059969
Swaps	18/11/2024	N/A	Cash	580561	0.053245
Swaps	31/01/2024	N/A	Cash	94533	0.008670
Swaps	18/03/2026	N/A	Cash	89328	0.008193
Swaps	15/02/2028	N/A	Cash	31561	0.002895
Swaps	01/03/2024	N/A	Cash	2257400	0.207034
Swaps	26/05/2026	N/A	Cash	75695	0.006942
Swaps	15/07/2024	N/A	Cash	662500	0.060760
Swaps	17/07/2028	N/A	Cash	307	0.000028
Swaps	31/05/2024	N/A	Cash	26020000	2.386381
Swaps	09/06/2025	N/A	Cash	2653	0.000243
Swaps	25/02/2025	N/A	Cash	3888	0.000357
Swaps	27/08/2024	N/A	Cash	14458	0.001326
Swaps	24/08/2023	N/A	Cash	6197998	0.568439
Swaps	02/07/2024	N/A	Cash	15474	0.001419
Swaps	03/10/2025	N/A	Cash	10694	0.000981
Swaps	13/01/2025	N/A	Cash	3921205	0.359627
Equity Option	20/10/2023	N/A	Cash	12746	0.001169
Equity Option	24/08/2023	N/A	Cash	10775	0.000988
Sub Total 8.B2				40655652	3.728666%

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
Bank of America Corporation	Bank of America, National Association
Bank of America Corporation	BofA Securities Europe SA
Bank of Corporation	Managed Account Advisors, LLC
Bank of America Corporation	Merrill Lynch International	3.057550	3.301875	6.359426%
Bank of America Corporation	U.S. Trust Co of Delaware
Bank of Corporation	Merrill Lynch, Pierce, Fenner & Smith Inc.
Bank of America Corporation	BofA Securities, Inc.

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

12. Date of Completion

28-Jul-2023

13. Place Of Completion

United Kingdom

 

END