REG-Lancashire Hld Ltd: Holding(s) in Company

Lancashire HoldingsAnnouncement

05/12/2022 13:45

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

BMG5361W1047

Issuer Name

LANCASHIRE HOLDINGS LIMITED

UK or Non-UK Issuer

Non-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

30-Nov-2022

6. Date on which Issuer notified

02-Dec-2022

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  0.455358                                              4.565635                                                                   5.020993                        12223226                                      
 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)  
 BMG5361W1047                                                                          1108530                                                                          0.455358                                
 Sub Total 8.A                                1108530                                                                               0.455358%                                                                   

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      26/01/2023       26/01/2023                  Cash                         1181375                  0.485282            
 Cash-settled Equity Swap      07/02/2023       07/02/2023                  Cash                         464723                   0.190898            
 Cash-settled Equity Swap      08/03/2023       08/03/2023                  Cash                         1495098                  0.614154            
 Cash-settled Equity Swap      17/03/2023       17/03/2023                  Cash                         2013569                  0.827129            
 Cash-settled Equity Swap      23/03/2023       23/03/2023                  Cash                         2126081                  0.873347            
 Cash-settled Equity Swap      28/03/2023       28/03/2023                  Cash                         1000000                  0.410778            
 Cash-settled Equity Swap      30/03/2023       30/03/2023                  Cash                         1041000                  0.427620            
 Cash-settled Equity Swap      06/04/2023       06/04/2023                  Cash                         649000                   0.266595            
 Cash-settled Equity Swap      19/04/2023       19/04/2023                  Cash                         21177                    0.008693            
 Cash-settled Equity Swap      04/05/2023       04/05/2023                  Cash                         809852                   0.332669            
 Cash-settled Equity Swap      20/06/2023       20/06/2023                  Cash                         12464                    0.005119            
 Cash-settled Equity Swap      26/07/2023       26/07/2023                  Cash                         4635                     0.001890            
 Cash-settled Equity Swap      03/10/2023       03/10/2023                  Cash                         5665                     0.002327            
 Cash-settled Equity Swap      23/10/2023       23/10/2023                  Cash                         4964                     0.002038            
 Cash-settled Equity Swap      19/12/2023       19/12/2023                  Cash                         47340                    0.019439            
 Cash-settled Equity Swap      27/12/2023       27/12/2023                  Cash                         9119                     0.003745            
 Cash-settled Equity Swap      03/01/2024       03/01/2024                  Cash                         120584                   0.049532            
 Cash-settled Equity Swap      03/06/2024       03/06/2024                  Cash                         1138                     0.000467            
 Cash-settled Equity Swap      02/02/2027       02/02/2027                  Cash                         86405                    0.035492            
 Cash-settled Equity Swap      07/07/2027       07/07/2027                  Cash                         7                        0.000002            
 Cash-settled Equity Swap      03/08/2027       03/08/2027                  Cash                         20500                    0.008419            
 Sub Total 8.B2                                                                                          11114696                 4.565635%           

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                                                                                  4.565635                                                                                                  5.020993%                                                              

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%)

12. Date of Completion

02-Dec-2022

13. Place Of Completion

London



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