REG - SSE Plc JPMorgan Chase & Co - Holding(s) in Company

SSEAnnouncement

17/12/2024 13:15

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RNS Number : 4440Q  SSE PLC  17 December 2024

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; An acquisition or disposal of
financial instruments

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

13-Dec-2024

6. Date on which Issuer notified

17-Dec-2024

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  3.685451                                              1.361844                                                                   5.047295                        55695957
 Position of previous notification (if applicable)                          3.332202                                              2.601901                                                                   5.934103

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                                                                          40668252                                                                         3.685451
 Sub Total 8.A                                40668252                                                                              3.685451%

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  % of voting rights
                                                                              exercised/converted
 Physically settled Call Option  21/02/2025       21/02/2025                  221000                                                             0.020027
 Sub Total 8.B1                                                               221000                                                             0.020027%

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      16/01/2025       16/01/2025                  Cash                         93809                    0.008501
 Cash-settled Equity Swap      31/01/2025       31/01/2025                  Cash                         73716                    0.006680
 Cash-settled Equity Swap      21/02/2025       21/02/2025                  Cash                         130                      0.000012
 Cash-settled Equity Swap      27/02/2025       27/02/2025                  Cash                         4715                     0.000427
 Cash-settled Equity Swap      18/03/2025       18/03/2025                  Cash                         397                      0.000036
 Cash-settled Equity Swap      19/03/2025       19/03/2025                  Cash                         2412061                  0.218587
 Cash-settled Equity Swap      08/05/2025       08/05/2025                  Cash                         2664                     0.000241
 Cash-settled Equity Swap      14/05/2025       14/05/2025                  Cash                         828318                   0.075064
 Cash-settled Equity Swap      29/05/2025       29/05/2025                  Cash                         1918                     0.000174
 Cash-settled Equity Swap      03/06/2025       03/06/2025                  Cash                         749418                   0.067914
 Cash-settled Equity Swap      17/06/2025       17/06/2025                  Cash                         1732654                  0.157017
 Cash-settled Equity Swap      07/07/2025       07/07/2025                  Cash                         536078                   0.048581
 Cash-settled Equity Swap      23/07/2025       23/07/2025                  Cash                         4370052                  0.396024
 Cash-settled Equity Swap      29/07/2025       29/07/2025                  Cash                         333                      0.000030
 Cash-settled Equity Swap      06/08/2025       06/08/2025                  Cash                         3194                     0.000289
 Cash-settled Equity Swap      12/08/2025       12/08/2025                  Cash                         860                      0.000078
 Cash-settled Equity Swap      19/08/2025       19/08/2025                  Cash                         890523                   0.080701
 Cash-settled Equity Swap      20/08/2025       20/08/2025                  Cash                         780929                   0.070770
 Cash-settled Equity Swap      02/09/2025       02/09/2025                  Cash                         1957                     0.000177
 Cash-settled Equity Swap      10/09/2025       10/09/2025                  Cash                         8183                     0.000742
 Cash-settled Equity Swap      18/09/2025       18/09/2025                  Cash                         447415                   0.040546
 Cash-settled Equity Swap      15/10/2025       15/10/2025                  Cash                         4032                     0.000365
 Cash-settled Equity Swap      05/11/2025       05/11/2025                  Cash                         118924                   0.010777
 Cash-settled Equity Swap      19/11/2025       19/11/2025                  Cash                         587                      0.000053
 Cash-settled Equity Swap      02/12/2025       02/12/2025                  Cash                         73249                    0.006638
 Cash-settled Equity Swap      08/12/2025       08/12/2025                  Cash                         957                      0.000087
 Cash-settled Equity Swap      16/12/2025       16/12/2025                  Cash                         163                      0.000015
 Cash-settled Equity Swap      22/12/2025       22/12/2025                  Cash                         63200                    0.005727
 Cash-settled Equity Swap      24/12/2025       24/12/2025                  Cash                         1342                     0.000122
 Cash-settled Equity Swap      31/12/2025       31/12/2025                  Cash                         1211                     0.000110
 Cash-settled Equity Swap      05/01/2026       05/01/2026                  Cash                         294865                   0.026721
 Cash-settled Equity Swap      07/01/2026       07/01/2026                  Cash                         12514                    0.001134
 Cash-settled Equity Swap      14/01/2026       14/01/2026                  Cash                         61255                    0.005551
 Cash-settled Equity Swap      19/01/2026       19/01/2026                  Cash                         1385                     0.000126
 Cash-settled Equity Swap      03/02/2026       03/02/2026                  Cash                         0                        0.000000
 Cash-settled Equity Swap      02/10/2026       02/10/2026                  Cash                         115964                   0.010509
 Cash-settled Equity Swap      07/10/2026       07/10/2026                  Cash                         358394                   0.032478
 Cash-settled Equity Swap      16/10/2026       16/10/2026                  Cash                         193550                   0.017540
 Cash-settled Equity Swap      23/11/2026       23/11/2026                  Cash                         148385                   0.013447
 Cash-settled Equity Swap      25/11/2026       25/11/2026                  Cash                         145706                   0.013204
 Cash-settled Equity Swap      07/12/2026       07/12/2026                  Cash                         141562                   0.012829
 Cash-settled Equity Swap      11/07/2028       11/07/2028                  Cash                         62648                    0.005677
 Cash-settled Equity Swap      01/11/2028       01/11/2028                  Cash                         8014                     0.000726
 Cash-settled Equity Swap      02/03/2029       02/03/2029                  Cash                         28137                    0.002550
 Cash-settled Equity Swap      02/11/2029       02/11/2029                  Cash                         23029                    0.002087
 Cash-settled Equity Swap      23/11/2029       23/11/2029                  Cash                         14                       0.000001
 Cash settled Call Options     05/12/2028       05/12/2028                  Cash                         8294                     0.000752
 Sub Total 8.B2                                                                                          14806705                 1.341817%

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold
 JPMorgan Chase & Co.         J.P. Morgan Securities plc      3.632631                                                                                                                                                4.974449%
 JPMorgan Chase & Co.         J.P. Morgan SE
 JPMorgan Chase & Co.         J.P. Morgan Securities LLC

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%)

12. Date of Completion

17-Dec-2024

13. Place Of Completion

London

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