Rexam PLC Holding(s) in Company (7171W)

TIDMREX TIDMJPM

RNS Number : 7171W

Rexam PLC

28 April 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                         Rexam plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ------------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                     X 
------------------------------------------------------------------  --------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------------  --------------------------- 
 An acquisition or disposal of instruments with                                  X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  --------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -------  --------------------------- 
 3. Full name of person(s)                                                 JPMorgan Chase & Co. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                      J.P. Morgan Securities Plc 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                       25 April 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                          27 April 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                                         5% Upwards 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous              Resulting situation after the 
  of              to the triggering               triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------------  ---------------------------------------------------------- 
                 Number          Number          Number         Number of               % of voting 
                  of              of              of shares      voting                  rights (x) 
                  Shares          Voting                         rights 
                                  Rights 
--------------  --------------  --------------  -------------  ----------------------  ------------------- 
                                                 Direct         Direct     Indirect     Direct    Indirect 
                                                                (xi)        (xii) 
--------------    ------------   ------------   -------------  ---------  -----------  --------  --------- 
                 Below           Below 
                 minimum          minimum 
 GB00BMHTPY25    threshold        threshold                                10,477,267             1.48% 
                --------------  --------------  -------------  ---------  -----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------- 
 Type of           Expiration     Exercise/                      Number of voting       % of voting 
 financial          date           Conversion                     rights that            rights 
 instrument         (xiii)         Period (xiv)                   may be 
                                                                  acquired if 
                                                                  the 
                                                                  instrument 
                                                                  is 
                                                                  exercised/ 
                                                                  converted. 
----------------  -------------  -----------------------------  ---------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/       Number of voting        % of voting 
 financial         price         date           Conversion       rights instrument       rights (xix, 
 instrument                      (xvii)         period           refers to               xx) 
                                                (xviii) 
---------------  -------------  -------------  --------------  ----------------------  ------------------- 
 Cash-settled                                                   27,675,040              Nominal   Delta 
  Equity Swap 
---------------  -------------  -------------  --------------  ----------------------  --------  --------- 
                                                                                                  3.92% 
          --------------------------------------------------------------  -----------  --------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------- 
 Number of voting rights                          Percentage of voting rights 
-----------------------------------------------  --------------------------------------------------------- 
 38,152,307                                       5.41% 
-----------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------- 
 Total disclosable holding for JPMorgan Chase & Co.: 
  38,152,307 (5.41%) 
  Direct: J.P. Morgan Securities Plc: 10,477,267 (1.48%) 
  Share; 27,675,040 (3.92%) Financial Instruments with 
  similar economic effect to Qualifying Financial Instruments. 
 
  Chain of control: 
  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 (100%) 
  J.P. Morgan Chase (UK) Holdings Limited (99.99%) 
  J.P. Morgan Chase International Holdings (100%) 
  J.P. Morgan Securities plc (99.41%) 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                      N/A 
---------------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy                                                  N/A 
  holder will cease 
  to hold: 
---------------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will                                                N/A 
  cease to hold 
  voting rights: 
---------------------------------------------------------  ---------------------------- 
 
                                                            Table 8A) Includes stock 
  13. Additional information:                                borrows of 645,519 (0.09%) 
---------------------------------------------------------  ---------------------------- 
 14. Contact name:                                                            Tung T Le 
---------------------------------------------------------  ---------------------------- 
 15. Contact telephone number:                                            0207 742 7272 
---------------------------------------------------------  ---------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 28, 2016 10:34 ET (14:34 GMT)