Polypipe Group PLC Holding(s) in Company (1877T)

TIDMPLP

RNS Number : 1877T

Polypipe Group PLC

10 October 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(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 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.)(v) 
----------------------------------------------------------------------------------------------------------------- 
 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                                                            London, United Kingdom 
  office (if applicable) 
-------------------------------------------------  -------------------------------------------------------------- 
 5. Date on which the threshold                                                                   06 October 2017 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  -------------------------------------------------------------- 
 6. Date on which issuer notified                                                                 09 October 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                      5.42%                     0.25%                  5.67%              198,361,384 
----------------------  -------------------------  ----------------------  ---------------------  --------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)                     5.64%                     0.18%                  5.83% 
----------------------  -------------------------  ----------------------  ---------------------  --------------- 
 
 
 
 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) 
---------------------  ----------------------  --------------  ------------------------------  --------------- 
     GB00BKRC5K31                                10,748,251                                         5.42% 
---------------------  ----------------------  --------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 
  8. A                               10,748,251                                     5.42% 
---------------------  --------------------------------------  ----------------------------------------------- 
 
 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(x)                 Conversion      rights that                     rights 
                                                 Period(xi)      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(xii)     rights 
                                                (xi) 
---------------------  ----------------------  --------------  -----------------  -----------  --------------- 
     Cash-settled 
      Equity Swap                                                      Cash          500,895         0.25% 
---------------------  ----------------------  --------------  -----------------  -----------  --------------- 
                                                                SUBTOTAL 
                                                                 8.B.2               500,895         0.25% 
                                                               -----------------  -----------  --------------- 
 
 
 
 
 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 Asset 
  Management Holdings 
  Inc. 
---------------------------  -----------------  ------------------------  --------------------- 
 JPMorgan Asset 
  Management International 
  Limited 
---------------------------  -----------------  ------------------------  --------------------- 
 JPMorgan Asset 
  Management Holdings 
  (UK) Limited 
---------------------------  -----------------  ------------------------  --------------------- 
 JPMorgan Asset 
  Management (UK) 
  Limited                                                                         5.19% 
------------------------------------------------------------------------  --------------------- 
 
 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: 
----------------------------------------------------------------------------------------------- 
 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 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           09 October 2017 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 10, 2017 05:37 ET (09:37 GMT)