RNS Number : 5689B
Northgate PLC
31 January 2020
 

TR-1: Standard 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:

28 January 2020

6. Date on which issuer notified (DD/MM/YYYY):

30 January 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

3.95%

1.20%

5.15%

133,232,518

Position of previous notification (if

applicable)

4.34%

0.90%

5.24%


 



 

 

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


5,298,475


3.95%











SUBTOTAL 8. A

5,298,475

3.95%

 

 

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

7,762

0.01%

Cash-settled Equity Swap

03/12/2020

03/12/2020

Cash

22,705

0.02%

Cash-settled Equity Swap

04/12/2020

04/12/2020

Cash

674,926

0.51%

Cash-settled Equity Swap

06/01/2021

06/01/2021

Cash

5,480

0.00%

Cash-settled Equity Swap

17/02/2021

17/02/2021

Cash

39,413

0.03%

Cash-settled Equity Swap

24/02/2021

24/02/2021

Cash

406,533

0.31%

Cash-settled Equity Swap

26/02/2021

26/02/2021

Cash

207,300

0.16%

Cash-settled Equity Swap

02/03/2021

02/03/2021

Cash

6,845

0.01%

Cash-settled Equity Swap

30/04/2021

30/04/2021

Cash

156,379

0.12%

Cash-settled Equity Swap

27/05/2021

27/05/2021

Cash

34,797

0.03%

Cash-settled Equity Swap

03/12/2024

03/12/2024

Cash

55,448

0.04%




SUBTOTAL 8.B.2

1,617,588

1.20%

 

 

 

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

3.95%


5.15%





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

 

 

Table 8) Includes stock borrows of 6,941,617 (5.17%)

 

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

30 January 2020

 


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