NOTIFICATION OF MAJOR HOLDINGS

RNS Number : 0498E

Northgate PLC

25 February 2020

 

TR-1: S tandard 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)
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :			Northgate 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
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
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.)
Name			J.P. Morgan Securities Plc JPMorgan Chase Bank, N.A. 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 reached :			20 February 2020
6. Date on which issuer notified (DD/MM/YYYY):			24 February 2020
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 issuer
Resulting situation on the date on which threshold was crossed or reached	2.43%	3.02%		5.45%	133,232,518
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
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights				% 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)
GB00B41H7391			3,268,173			2.43%
SUBTOTAL 8. A	3,268,173				2.43%
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 date	Exercise/ Conversion Period		Number of voting rights that may be acquired if the instrument is exercised/converted.		% of voting rights
		SUBTOTAL 8. B 1

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 date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights	% of voting rights
Cash-settled Equity Swap	17/06/2020	17/06/2020	Cash	71,734	0.05%
Cash-settled Equity Swap	03/12/2020	03/12/2020	Cash	22,135	0.02%
Cash-settled Equity Swap	04/12/2020	04/12/2020	Cash	1,148,776	0.86%
Cash-settled Equity Swap	06/01/2021	06/01/2021	Cash	28,543	0.02%
Cash-settled Equity Swap	17/02/2021	17/02/2021	Cash	64,484	0.05%
Cash-settled Equity Swap	26/02/2021	26/02/2021	Cash	221,300	0.17%
Cash-settled Equity Swap	06/04/2021	06/04/2021	Cash	1,410,763	1.06%
Cash-settled Equity Swap	19/04/2021	19/04/2021	Cash	657,152	0.49%
Cash-settled Equity Swap	30/04/2021	30/04/2021	Cash	368,053	0.28%
Cash-settled Equity Swap	17/08/2021	17/08/2021	Cash	14,793	0.01%
Cash-settled Equity Swap	03/12/2024	03/12/2024	Cash	47,107	0.04%
			SUBTOTAL 8.B.2	4,054,840	3.02%

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) issuer
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 entity (please add additional rows as necessary)				X
Name	% 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		3.02%	5.37%
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC
J.P. Morgan Broker-Dealer Holdings Inc.
J.P. Morgan Securities LLC
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association
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 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. (100%) 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%)

Place of completion	London, United Kingdom
Date of completion	24 February 2020

 

 

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