JPMorgan Income & Growth IT PLC Holding(s) in Company (6267P)

TIDMJIGI TIDMJIGU TIDMJIGC

RNS Number : 6267P

JPMorgan Income & Growth IT PLC

18 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or 
  the underlying issuer                                        JPMorgan Income & Growth 
  of existing shares to which                                      Investment Trust Plc 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------  ---------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
----------------------------------------------------------  --------------------------- 
 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 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights                       Yes 
----------------------------------------------------------  --------------------------- 
 Other (please 
  specify): 
--------------------------------------------------------    --------------------------- 
 3. Full name of person(s)                                       Chase Nominees Limited 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s)                                  Chase Nominees Limited 
  (if different from 3.):(iv) 
---------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                          17th November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                             17th November 2016 
  notified: 
---------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                 3% 
---------------------------------------------------------  ---------------------------- 
 
 
 
 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) 
---------------      ------------    ------------    --------------  ---------  -----------  ------------  ----------- 
 Capital 
 share 
 (GB00B1G3N007)   4,923,839         0                 4,923,839                  4,024,395                  3.19% 
 
 Income share 
 (GB00B1G3N114)   4,115,055          0                 4,115,055                  3,153,466                  2.50% 
                 ----------------  ----------------  --------------  ---------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration      Exercise/                         Number of voting          % of voting 
  instrument           date            Conversion                        rights that               rights 
                       (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) 
-----------------  --------------  --------------  --------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
-----------------  --------------  --------------  --------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                            Percentage of voting rights 
-----------------------------------------------------------------  --------------------------------------------------- 
 7,177,861                                                          5.69% 
-----------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------ 
 Chase Nominees Limited announces that J.P. Morgan Trustee 
  & Administration Services Limited has a notifiable interest 
  in 7,177,861 shares. These shares are held on behalf 
  of participants in the JPMorgan investment trust savings 
  products. J.P. Morgan Trustee & Administration Services 
  Limited has a notifiable interest in these shares in 
  certain circumstances and subject to certain limitations 
  agreed with the Takeover Panel to ensure compliance 
  with the Takeover Code, JPMorgan is entitled to exercise 
  the voting rights attached to the Ordinary shares if 
  the relevant plan participants do not do so. 
 
  JPMorgan is now entitled to exercise the voting rights 
  attached to these shares, as these shares have not been 
  voted by the participants in the JPMorgan investment 
  trust savings products in respect of the General Meeting 
  to be held on Monday 21st November 2016. This entitlement 
  will cease following the conclusion of this General 
  Meeting. 
 
 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: 
--------------------------------------------------------  -------------- 
 
                                                                     N/A 
  13. Additional information: 
--------------------------------------------------------  -------------- 
 14. Contact name:                                            Divya Amin 
--------------------------------------------------------  -------------- 
 15. Contact telephone number:                             020 7742 4000 
--------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 18, 2016 12:43 ET (17:43 GMT)