British Empire Trust PLC Holding(s) in Company (5663F)

TIDMBTEM TIDMJPM

RNS Number : 5663F

British Empire Trust PLC

18 May 2017

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)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                     British Empire Trust plc 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 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)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                                           JPMorgan Chase & Co. 
 City and country of registered                                           Delaware, United States of 
  office (if applicable)                                                                     America 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name                                                                     J.P. Morgan Securities plc 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered                                               London, United Kingdom 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                                                          16 May 2017 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                                                        17 May 2017 
  (DD/MM/YYYY): 
-------------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
---------------------------------------------------------------------------------------------------- 
                               % of voting            % of voting        Total of       Total number 
                              rights attached       rights through       both in %       of voting 
                                 to shares             financial        (8.A + 8.B)      rights of 
                                 (total of            instruments                        issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                      3.54%                   1.46%             5.00%       119,730,665 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position                          N/A                    N/A               N/A 
  of previous 
  notification 
  (if 
  applicable) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type        Number of voting rights(ix)     % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------- 
                      Direct         Indirect                 Direct                        Indirect 
                     (Art 9 of       (Art 10 of              (Art 9 of                     (Art 10 of 
                     Directive       Directive               Directive                      Directive 
                    2004/109/EC)    2004/109/EC)           2004/109/EC)                   2004/109/EC) 
                      (DTR5.1)       (DTR5.2.1)              (DTR5.1)                      (DTR5.2.1) 
---------------   --------------  --------------  -----------------------------  ----------------------------- 
 
  GB0001335081                       4,242,945                                                3.54% 
----------------  --------------  --------------  -----------------------------  ----------------------------- 
 
 
 SUBTOTAL 
  8. A                       4,242,945                                        3.54% 
----------------  ------------------------------  ------------------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
-------------------------------------------------------------------------------------------------------------- 
 Type of           Expiration      Exercise/       Number of voting               % of voting 
 financial          date(x)         Conversion      rights that                    rights 
 instrument                         Period(xi)      may be acquired 
                                                    if the instrument 
                                                    is 
                                                    exercised/converted. 
----------------  --------------  --------------  -----------------------------  ----------------------------- 
 Right to 
  recall                                                    1,689,605                        1.41% 
----------------  --------------  --------------  -----------------------------  ----------------------------- 
 
 
                                   SUBTOTAL 8. 
                                    B 1                     1,689,605                        1.41% 
                                  --------------  -----------------------------  ----------------------------- 
 
 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          Expiration       Exercise/       Physical          Number       % of voting 
  financial        date(x)         Conversion      or cash            of voting    rights 
  instrument                       Period          settlement(xii)    rights 
                                   (xi) 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
  Cash-settled 
     Equity 
      Swap          09/08/2017                                         53,338                            0.04% 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
  Cash-settled 
     Equity 
      Swap          10/01/2018                                         2,309                             0.00% 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
  Cash-settled 
     Equity 
      Swap          11/01/2018                                          340                              0.00% 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
  Cash-settled 
     Equity 
      Swap          16/01/2018                                          202                              0.00% 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
  Cash-settled 
     Equity 
      Swap          17/01/2018                                           68                              0.00% 
---------------  ---------------  --------------  ----------------  -----------  ----------------------------- 
                                                   SUBTOTAL 
                                                    8.B.2              56,257                0.05% 
                                                  ----------------  -----------  ----------------------------- 
 
 
 
 
 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(xiii) 
 Full chain of controlled undertakings through which                           X 
  the voting rights and/or the 

  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
-------------------------------------------------------------------  --------------------- 
        Name(xv)             % of voting          % of voting            Total of both 
                             rights if it        rights through           if it equals 
                             equals or is     financial instruments       or is higher 
                             higher than          if it equals         than the notifiable 
                            the notifiable        or is higher              threshold 
                              threshold        than the notifiable 
                                                    threshold 
------------------------  ----------------  -----------------------  --------------------- 
 JPMorgan Chase 
  & Co. 
------------------------  ----------------  -----------------------  --------------------- 
 JPMorgan Chase 
  Bank, National 
  Association 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  International 
  Inc. 
------------------------  ----------------  -----------------------  --------------------- 
 Bank One International 
  Holdings Corporation 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  International 
  Finance Limited 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  Capital Holdings 
  Limited 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  Chase (UK) Holdings 
  Limited 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  Chase International 
  Holdings 
------------------------  ----------------  -----------------------  --------------------- 
 J.P. Morgan 
  Securities plc                3.54%                                        5.00% 
------------------------  ----------------  -----------------------  --------------------- 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------------ 
 Name of the proxy holder                                                              N/A 
------------------------------------------  ---------------------------------------------- 
 The number and % of voting                                                            N/A 
  rights held 
------------------------------------------  ---------------------------------------------- 
 The date until which the                                                              N/A 
  voting rights will be held 
------------------------------------------  ---------------------------------------------- 
 
 11. Additional information(xvi) 
------------------------------------------------------------------------------------------ 
 Chain of controlled undertakings: 
 
  JPMorgan Chase & Co. 
  JPMorgan Chase Bank, National Association (100%) 
  J.P. Morgan International Inc. (100%) 
  Bank One International Holdings Corporation (100%) 
  J.P. Morgan International Finance Limited (100%) 
  J.P. Morgan Capital Holdings Limited (72.73%) 
  J.P. Morgan Chase (UK) Holdings Limited (99.99%) 
  J.P. Morgan Chase International Holdings (100%) 
  J.P. Morgan Securities plc (99.41%) 
------------------------------------------------------------------------------------------ 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion               17 May 2017 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 18, 2017 07:31 ET (11:31 GMT)