Polypipe Group PLC Holding(s) in Company (4588H)

TIDMPLP

RNS Number : 4588H

Polypipe Group PLC

07 June 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
------------------------------------------------------------------------------------------------------------ 
 
 1a. Identity of the issuer                                         Polypipe Group plc 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached: 
--------------------------------------------  -------------------------------------------------------------- 
 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 Asset Management 
                                                                                               Holdings Inc. 
 City and country of registered                                                    Wilmington, United States 
  office (if applicable)                                                                          of America 
 4. Full name of shareholder(s) (if different from 3.) 
------------------------------------------------------------------------------------------------------------ 
 Name                                                                 JPMorgan Asset Management 
                                                                             (UK) Limited 
                                                                  J.P. Morgan Investment Management 
                                                                                 Inc. 
                                                                    JPMorgan Chase Bank, National 
                                                                             Association 
--------------------------------------------  -------------------------------------------------------------- 
 City and country of registered                                                       London, United Kingdom 
  office (if applicable) 
--------------------------------------------  -------------------------------------------------------------- 
 5. Date on which the threshold                                                                 05 June 2017 
  was crossed or reached: 
--------------------------------------------  -------------------------------------------------------------- 
 6. Date on which issuer notified                                                               06 June 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 
                               8. A)                (total of 
                                                   8.B 1 + 8.B 
                                                        2) 
-------------------  -----------------------  ---------------------  ----------------------  --------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached                  5.19%                   0.16%                   5.35%              198,279,182 
-------------------  -----------------------  ---------------------  ----------------------  --------------- 
 Position                 Below minimum 
  of previous                threshold             Below minimum           Below minimum 
  notification                                       threshold               threshold 
  (if 
  applicable) 
-------------------  -----------------------  ---------------------  ----------------------  --------------- 
 
 
 
 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            Number of voting rights                      % 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) 
--------------------  ------------------------  -----------------  -------------------------  -------------- 
    GB00BKRC5K31                                       10,282,232                                  5.19% 
--------------------  ------------------------  -----------------  -------------------------  -------------- 
 
 
 SUBTOTAL 
  8. A                                   10,282,232                                  5.19% 
--------------------  -------------------------------------------  ----------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
------------------------------------------------------------------------------------------------------------ 
 Type of financial     Expiration                Exercise/          Number of voting           % of voting 
  instrument            date                      Conversion         rights that                rights 
                                                  Period             may be acquired 
                                                                     if the instrument 
                                                                     is 
                                                                     exercised/converted. 
--------------------  ------------------------  -----------------  -------------------------  -------------- 
 
 
 
                                                 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     Expiration                Exercise/          Physical      Number       % of voting 
  instrument            date(x)                  Conversion         or cash        of voting    rights 
                                                 Period             settlement     rights 
--------------------  ------------------------  -----------------  ------------  -----------  -------------- 
    Cash-settled 
     Equity Swap                                                        Cash        320,261         0.16% 
--------------------  ------------------------  -----------------  ------------  -----------  -------------- 
                                                                    SUBTOTAL 
                                                                     8.B.2          320,261         0.16% 
                                                                   ------------  -----------  -------------- 
 
 
 
 
 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                               X 
  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) 
-----------------------------------------------------------------------  --------------------- 
           Name                % 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 Asset 
  Management Holdings 
  Inc. 
--------------------------  ----------------  -----------------------  ----------------------- 
 JPMorgan Asset 
  Management International 
  Limited 
--------------------------  ----------------  -----------------------  ----------------------- 
 JPMorgan Asset 
  Management Holdings 
  (UK) Limited 
--------------------------  ----------------  -----------------------  ----------------------- 
 JPMorgan Asset 
  Management (UK) 
  Limited 
--------------------------  ----------------  -----------------------  ----------------------- 
 
 JPMorgan Asset 
  Management Holdings 
  Inc. 
--------------------------  ----------------  -----------------------  ----------------------- 
 J.P. Morgan 
  Investment Management 
  Inc. 
--------------------------  ----------------  -----------------------  ----------------------- 
 
 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                                                                N/A 
  rights held 
--------------------------------------------  ------------------------------------------------ 
 The date until which the                                                                  N/A 
  voting rights will be held 
--------------------------------------------  ------------------------------------------------ 
 
 11. Additional information 
---------------------------------------------------------------------------------------------- 
 Chain of controlled undertakings: 
 
  JPMorgan Asset Management Holdings Inc. (100%) 
  JPMorgan Asset Management International Limited (100%) 
  JPMorgan Asset Management Holdings (UK) Limited (100%) 
  JPMorgan Asset Management (UK) Limited (100%) 
 
  JPMorgan Asset Management Holdings Inc.(100%) 
  J.P. Morgan Investment Management Inc. (100%) 
 
  JPMorgan Chase & Co.(100%) 
  JPMorgan Chase Bank, National Association (100%) 
---------------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion              06 June 2017 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 07, 2017 11:04 ET (15:04 GMT)