TR-1 Notification of Major Shareholding

RNS Number : 1546N

SSE PLC

18 January 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 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

12-Jan-2023

6. Date on which Issuer notified

16-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	4.957312	0.130112	5.087424	55087765
Position of previous notification (if applicable)

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		53578009		4.957312
Sub Total 8.A	53578009		4.957312%

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	351055	0.032481
Physically Settled Call Option		14/02/2023	20700	0.001915
Sub Total 8.B1			371755	0.034396%

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	351846	0.032536
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	61884	0.005723
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	174578	0.016150
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	3318	0.000306
Cash-settled Equity Swap	14/02/2024	14/02/2024	Cash	17550	0.001623
Cash-settled Equity Swap	04/03/2024	04/03/2024	Cash	1291	0.000116
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	3152	0.000291
Cash-settled Equity Swap	02/06/2027	02/06/2027	Cash	865	0.000079
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	0.001264
Cash-settled Call Option	24/02/2023	24/02/2023	Cash	40800	0.000571
Cash-settled Call Option	31/03/2023	31/03/2023	Cash	41698	0.001269
Sub Total 8.B2				1138001	0.095716%

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	4.800564		4.893176%
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

16-Jan-2023

13. Place Of Completion

London

 

END

 

 

HOLBDGDBDBBDGXI