Polypipe Group PLC Holding(s) in Company (4111J)

TIDMPLP

RNS Number : 4111J

Polypipe Group PLC

28 June 2017

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
------------------------------------------------------------------------------------------------------------------ 
 
 1a. Identity of the issuer or the                                      Polypipe Group plc 
  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 office                                        Wilmington, United States of America 
  (if applicable) 
 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 
                                                                      JPMorgan Asset Management (Taiwan) 
                                                                                   Limited 
----------------------------------------------  ------------------------------------------------------------------ 
 City and country of registered office                                                      London, United Kingdom 
  (if applicable) 
----------------------------------------------  ------------------------------------------------------------------ 
 5. Date on which the threshold was                                                                   26 June 2017 
  crossed or reached: 
----------------------------------------------  ------------------------------------------------------------------ 
 6. Date on which issuer notified                                                                     27 June 2017 
 (DD/MM/YYYY): 
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 7. Total positions of person(s) subject to the notification obligation 
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                              % of voting         % of voting rights         Total of both       Total number 
                            rights attached        through financial          in % (8.A +         of voting rights 
                            to shares (total          instruments                 8.B)            of issuer 
                                of 8. A)             (total of 8.B 
                                                      1 + 8.B 2) 
----------------------  ----------------------  ----------------------  ----------------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     5.64%                   0.18%                   5.83%              198,279,182 
----------------------  ----------------------  ----------------------  ----------------------  ------------------ 
 Position of 
  previous 
  notification 
  (if 
  applicable)                    5.39%                   0.16%                   5.55% 
----------------------  ----------------------  ----------------------  ----------------------  ------------------ 
 
 
 
 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    Number of voting rights                                  % of voting rights 
  shares 
  ISIN code (if 
  possible) 
--------------- 
                            Direct                     Indirect                         Direct                       Indirect 
                      (Art 9 of Directive         (Art 10 of Directive            (Art 9 of Directive          (Art 10 of Directive 
                         2004/109/EC)                 2004/109/EC)               2004/109/EC) (DTR5.1)             2004/109/EC) 
                           (DTR5.1)                    (DTR5.2.1)                                                   (DTR5.2.1) 
---------------  ---------------------------  --------------------------  ----------------------------------  --------------------- 
 GB00BKRC5K31                                        11,190,791                                                       5.64% 
--------------------------------------------  --------------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                                             11,190,791                                                    5.64% 
---------------  -------------------------------------------------------  --------------------------------------------------------- 
 
 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                        Conversion Period            rights that may                     rights 
 instrument                                                                 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           Expiration                 Exercise/                    Physical or      Number of          % of voting 
 financial          date                      Conversion                    cash             voting rights      rights 
 instrument                                   Period                        settlement 
----------------  -------------------------  ---------------------------  ---------------  -----------------  --------------------- 
  Cash-settled 
   Equity Swap                                                                   Cash            360,549               0.18% 
----------------   -----------------------------------------------------  ---------------  -----------------  --------------------- 
 
                                                                           SUBTOTAL 8.B.2        360,549               0.18% 
                                                                          ---------------  -----------------  --------------------- 
 
 
 
 
 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                   X 
  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 rights      % of voting rights      Total of both if 
                                   if it equals or        through financial       it equals or is 
                                 is higher than the       instruments if it       higher than the 
                                notifiable threshold     equals or is higher    notifiable 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                         5.15%                                           5.32% 
----------------------------  -----------------------  ---------------------  ---------------------- 
 
 JPMorgan Asset Management 
  Holdings Inc. 
----------------------------  -----------------------  ---------------------  ---------------------- 
 J.P. Morgan Investment 
  Management Inc. 
----------------------------  -----------------------  ---------------------  ---------------------- 
 
 JPMorgan Chase & 
  Co. 
----------------------------  -----------------------  ---------------------  ---------------------- 
 JPMorgan Chase Bank, 
  National Association 
----------------------------  -----------------------  ---------------------  ---------------------- 
 
 JPMorgan Asset Management 
  Holdings Inc. 
----------------------------  -----------------------  ---------------------  ---------------------- 
 JPMorgan Asset Management 
  (Asia) Inc. 
----------------------------  -----------------------  ---------------------  ---------------------- 
 JPMorgan Asset Management 
  (Taiwan) Limited 
----------------------------  -----------------------  ---------------------  ---------------------- 
 
 10. In case of proxy voting, please identify: 
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 Name of the proxy holder                                                                        N/A 
-----------------------------------------------------  --------------------------------------------- 
 The number and % of voting rights                                                               N/A 
  held 
-----------------------------------------------------  --------------------------------------------- 
 The date until which the voting rights                                                          N/A 
  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%) 
 
  JPMorgan Asset Management Holdings Inc. (100%) 
  JPMorgan Asset Management (Asia) Inc. (100%) 
  JPMorgan Asset Management (Taiwan) Limited 
---------------------------------------------------------------------------------------------------- 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion              27 June 2017 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 28, 2017 04:42 ET (08:42 GMT)