SSE PLC TR-1 Notification of Major Interest in Shares (2484D)

TIDMSSE

RNS Number : 2484D

SSE PLC

27 January 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying         SSE Plc 
  issuer                                              GB0007908733 
  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                                     Yes 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments                  n/a 
  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                 n/a 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                                n/a 
-----------------------------------------------------------------------------  ------- 
 Other (please                                                                   n/a 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject             UBS Investment Bank 
  to the                                        UBS Group AG 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                UBS AG 
  (if different from 3.):(iv)                   UBS AG London Branch 
                                                UBS Limited 
                                                UBS Securities LLC 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date           22 January 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:             26 January 2015 
--------------------------------------------  ---------------------------------------- 
 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 triggering 
  of              to the triggering                          transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  -----------------------------------------  --------------------------------------------------------------- 
                 Number              Number                 Number        Number of voting           % of voting rights 
                  of                  of                     of shares     rights                     (x) 
                  Shares              Voting 
                                      Rights 
--------------  ------------------  ---------------------  ------------  -------------------------  ---------------------- 
                                                                          Direct        Indirect     Direct      Indirect 
                                                                           (xi)          (xii) 
--------------  ---  -----  ------  ----  -----  --------  ------------  ------------  -----------  ----------  ---------- 
                 No Previous         No Previous 
 GB0007908733     Disclosure          Disclosure            -             -             34,224,981   -           3.47% 
                ------------------  ---------------------  ------------  ------------  -----------  ----------  ---------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial           Expiration           Exercise/                     Number of voting           % of voting 
  instrument                  date (xiii)          Conversion Period             rights that may            rights 
                                                   (xiv)                         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 financial    Exercise             Expiration       Exercise/     Number of voting           % of voting rights 
  instrument           price                date             Conversion    rights instrument          (xix, xx) 
                                            (xvii)           period        refers to 
                                                             (xviii) 
-------------------  -------------------  ---------------  ------------  -------------------------  ---------------------- 
 -                    -                    -                -             -                          Nominal     Delta 
-------------------  -------------------  ---------------  ------------  -------------------------  ----------  ---------- 
                                                                                                     -           - 
         ----------------------------------------------------------------------------  -----------  ----------  ---------- 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                  Percentage of voting rights 
-----------------------------------------------------------------------  ------------------------------------------------- 
 34,224,981                                                               3.47% 
-----------------------------------------------------------------------  ------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------- 
 
        UBS Group AG is a group holding company for UBS Investment Bank business. 
        Voting rights are held through its controlled undertakings as set out 
        below. 
 
        UBS AG directly 1,300,000 (0.13%); and 
         *    directly through its branches: UBS AG London Branch - 
              32,458,039 (3.29%); and 
 
 
         *    indirectly through its subsidiaries: UBS Limited - 
              466,842 (0.05%) 
 
 
         *    indirectly through its subsidiaries: UBS Securities 
              LLC - 100 (0.00001%) 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
--------------------------------------------------------  ------------------------------ 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
--------------------------------------------------------  ------------------------------ 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
--------------------------------------------------------  ------------------------------ 
 
 
  13. Additional information: 
-------------------------------------------  ------------------------------------------- 
 14. Contact name:                            Konstantina Georgaki / Akvile Budrikaite 
-------------------------------------------  ------------------------------------------- 
 15. Contact telephone number:                [phone] 
-------------------------------------------  ------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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