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SSE PLC announced on 30 December 2024 that a 'Holdings in Company' notification (RNS No 5854R), released earlier the same day at 08:50 HRS, was issued in error and should be disregarded. The shareholder, JPMorgan Chase & Co., retracted the notification due to a late trade booking.
| Date | 30 Dec 2024 |
| Time | 17:04:50 |
| Category | Holding(s) in company |
| ID | 6511R |
NOTIFICATION RELEASED IN ERROR
The 'Holdings in Company' announcement below, which was released on 30 December 2024 at 08:50 HRS under RNS No 5854R was released in error and should be disregarded.
The shareholder has retracted the below notification due to a late trade booking.
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
23-Dec-2024
6. Date on which Issuer notified
27-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 |
4.990016 |
1.083689 |
6.073705 |
67024108 |
|
Position of previous notification (if applicable) |
4.134326 |
1.348624 |
5.482950 |
|
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 |
|
55063873 |
|
4.990016 |
|
Sub Total 8.A |
55063873 |
4.990016% |
||
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 |
|
Physically settled Call Option |
21/02/2025 |
21/02/2025 |
221000 |
0.020027 |
|
Depository Receipt |
|
|
30000 |
0.002718 |
|
Sub Total 8.B1 |
|
251000 |
0.022745% |
|
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 |
0.008500 |
|
Cash-settled Equity Swap |
31/01/2025 |
31/01/2025 |
Cash |
68947 |
0.006243 |
|
Cash-settled Equity Swap |
21/02/2025 |
21/02/2025 |
Cash |
130 |
0.000011 |
|
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 |
0.000035 |
|
Cash-settled Equity Swap |
08/05/2025 |
08/05/2025 |
Cash |
2664 |
0.000241 |
|
Cash-settled Equity Swap |
29/05/2025 |
29/05/2025 |
Cash |
1918 |
0.000173 |
|
Cash-settled Equity Swap |
03/06/2025 |
03/06/2025 |
Cash |
625704 |
0.056696 |
|
Cash-settled Equity Swap |
07/07/2025 |
07/07/2025 |
Cash |
3226999 |
0.292430 |
|
Cash-settled Equity Swap |
29/07/2025 |
29/07/2025 |
Cash |
454 |
0.000031 |
|
Cash-settled Equity Swap |
06/08/2025 |
06/08/2025 |
Cash |
3194 |
0.000285 |
|
Cash-settled Equity Swap |
12/08/2025 |
12/08/2025 |
Cash |
860 |
0.000077 |
|
Cash-settled Equity Swap |
13/08/2025 |
13/08/2025 |
Cash |
4969554 |
0.450352 |
|
Cash-settled Equity Swap |
19/08/2025 |
19/08/2025 |
Cash |
896929 |
0.081278 |
|
Cash-settled Equity Swap |
02/09/2025 |
02/09/2025 |
Cash |
1957 |
0.000176 |
|
Cash-settled Equity Swap |
10/09/2025 |
10/09/2025 |
Cash |
8183 |
0.000741 |
|
Cash-settled Equity Swap |
05/11/2025 |
05/11/2025 |
Cash |
126124 |
0.011395 |
|
Cash-settled Equity Swap |
19/11/2025 |
19/11/2025 |
Cash |
533 |
0.000047 |
|
Cash-settled Equity Swap |
02/12/2025 |
02/12/2025 |
Cash |
77627 |
0.007023 |
|
Cash-settled Equity Swap |
08/12/2025 |
08/12/2025 |
Cash |
957 |
0.000086 |
|
Cash-settled Equity Swap |
16/12/2025 |
16/12/2025 |
Cash |
163 |
0.000014 |
|
Cash-settled Equity Swap |
22/12/2025 |
22/12/2025 |
Cash |
62700 |
0.005675 |
|
Cash-settled Equity Swap |
24/12/2025 |
24/12/2025 |
Cash |
1342 |
0.000121 |
|
Cash-settled Equity Swap |
31/12/2025 |
31/12/2025 |
Cash |
1211 |
0.000109 |
|
Cash-settled Equity Swap |
05/01/2026 |
05/01/2026 |
Cash |
136841 |
0.012400 |
|
Cash-settled Equity Swap |
07/01/2026 |
07/01/2026 |
Cash |
20725 |
0.001829 |
|
Cash-settled Equity Swap |
14/01/2026 |
14/01/2026 |
Cash |
68729 |
0.006226 |
|
Cash-settled Equity Swap |
19/01/2026 |
19/01/2026 |
Cash |
872 |
0.000078 |
|
Cash-settled Equity Swap |
20/01/2026 |
20/01/2026 |
Cash |
24095 |
0.002183 |
|
Cash-settled Equity Swap |
19/06/2026 |
19/06/2026 |
Cash |
110818 |
0.010039 |
|
Cash-settled Equity Swap |
02/10/2026 |
02/10/2026 |
Cash |
115964 |
0.010508 |
|
Cash-settled Equity Swap |
07/10/2026 |
07/10/2026 |
Cash |
358394 |
0.032477 |
|
Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
108740 |
0.009854 |
|
Cash-settled Equity Swap |
23/11/2026 |
23/11/2026 |
Cash |
148385 |
0.013445 |
|
Cash-settled Equity Swap |
25/11/2026 |
25/11/2026 |
Cash |
145706 |
0.013201 |
|
Cash-settled Equity Swap |
07/12/2026 |
07/12/2026 |
Cash |
141562 |
0.012828 |
|
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 |
9914 |
0.000898 |
|
Cash-settled Equity Swap |
02/03/2029 |
02/03/2029 |
Cash |
30933 |
0.002802 |
|
Cash-settled Equity Swap |
02/11/2029 |
02/11/2029 |
Cash |
39287 |
0.003559 |
|
Cash-settled Equity Swap |
23/11/2029 |
23/11/2029 |
Cash |
14 |
0.000001 |
|
Cash-settled Call Option |
05/12/2028 |
05/12/2028 |
Cash |
8537 |
0.000773 |
|
Sub Total 8.B2 |
|
11709235 |
1.060944% |
||
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 |
4.934952 |
|
5.998590% |
|
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
27-Dec-2024
13. Place Of Completion
London, United Kingdom