Last checked at 9 Jun 2020 10:15
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | Hammerson Plc | |||||
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 obligationiv | ||||||
Name | JPMorgan Chase & Co. | |||||
City and country of registered office (if applicable) | Wilmington, Delaware, USA | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | J.P. Morgan Securities plc J.P. Morgan Equities South Africa Proprietary Ltd JPMorgan Chase Bank, National Association | |||||
City and country of registered office (if applicable) | London, United Kingdom | |||||
5. Date on which the threshold was crossed or reachedvi: | 04 June 2020 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 08 June 2020 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 1.07% | 4.16% | 5.23% | 766,293,613 | ||
Position of previous notification (if applicable) | Below Minimum Threshold | Below Minimum Threshold | Below Minimum Threshold | |||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | ||||||
A: Voting rights attached to shares | ||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | ||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | |||
GB0004065016 | 8,205,615 | 1.07% | ||||
SUBTOTAL 8. A | 8,205,615 | 1.07% | ||||
| ||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | ||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | ||
Right to Recall | N/A | N/A | 250,000 | 0.03% | ||
Physically Settled Call or Put Option* | 15/06/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 22/06/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 29/06/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 06/07/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 13/07/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 20/07/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 27/07/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 03/08/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 10/08/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 17/08/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 24/08/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 28/08/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 07/09/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 14/09/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 21/09/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 28/09/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 05/10/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 12/10/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 19/10/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 26/10/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 02/11/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 09/11/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 16/11/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 23/11/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 30/11/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 07/12/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 14/12/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 21/12/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 29/12/2020 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 04/01/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 11/01/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 18/01/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 25/01/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 01/02/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
Physically Settled Call or Put Option* | 08/02/2021 | Call: 7.864, Put: 5.243 | 600,000 | 0.078% | ||
SUBTOTAL 8. B 1 | 21,250,000 | 2.77% | ||||
* Please note that either a call or a put option (but not both) can be exercised upon maturity, depending on the share price of Hammerson Plc.
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 instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights |
Cash-settled Equity Swap | 02/07/2020 | 02/07/2020 | Cash | 483,746 | 0.06% |
Cash-settled Equity Swap | 03/11/2020 | 03/11/2020 | Cash | 286 | 0.00% |
Cash-settled Equity Swap | 02/12/2020 | 02/12/2020 | Cash | 10,176 | 0.00% |
Cash-settled Equity Swap | 05/01/2021 | 05/01/2021 | Cash | 17,312 | 0.00% |
Cash-settled Equity Swap | 02/02/2021 | 02/02/2021 | Cash | 13,595 | 0.00% |
Cash-settled Equity Swap | 02/03/2021 | 02/03/2021 | Cash | 6,458 | 0.00% |
Cash-settled Equity Swap | 06/04/2021 | 06/04/2021 | Cash | 34,499 | 0.00% |
Cash-settled Equity Swap | 19/04/2021 | 19/04/2021 | Cash | 698,792 | 0.09% |
Cash-settled Equity Swap | 29/04/2021 | 29/04/2021 | Cash | 29,089 | 0.00% |
Cash-settled Equity Swap | 30/04/2021 | 30/04/2021 | Cash | 1,061,007 | 0.14% |
Cash-settled Equity Swap | 05/05/2021 | 05/05/2021 | Cash | 130,836 | 0.02% |
Cash-settled Equity Swap | 06/05/2021 | 06/05/2021 | Cash | 15,310 | 0.00% |
Cash-settled Equity Swap | 11/05/2021 | 11/05/2021 | Cash | 12,248 | 0.00% |
Cash-settled Equity Swap | 12/05/2021 | 12/05/2021 | Cash | 2,980,333 | 0.39% |
Cash-settled Equity Swap | 24/05/2021 | 24/05/2021 | Cash | 640,878 | 0.08% |
Cash-settled Equity Swap | 28/05/2021 | 28/05/2021 | Cash | 434,012 | 0.06% |
Cash-settled Equity Swap | 02/06/2021 | 02/06/2021 | Cash | 73,253 | 0.01% |
Cash-settled Equity Swap | 03/06/2021 | 03/06/2021 | Cash | 2,941 | 0.00% |
Cash-settled Equity Swap | 23/06/2021 | 23/06/2021 | Cash | 132,697 | 0.02% |
Cash-settled Equity Swap | 30/06/2021 | 30/06/2021 | Cash | 3,042 | 0.00% |
Cash-settled Equity Swap | 02/07/2021 | 02/07/2021 | Cash | 313,367 | 0.04% |
Cash-settled Equity Swap | 06/07/2021 | 06/07/2021 | Cash | 183,816 | 0.02% |
Cash-settled Equity Swap | 07/07/2021 | 07/07/2021 | Cash | 354,284 | 0.05% |
Cash-settled Equity Swap | 03/08/2021 | 03/08/2021 | Cash | 82,709 | 0.01% |
Cash-settled Equity Swap | 19/11/2021 | 19/11/2021 | Cash | 740,360 | 0.10% |
Cash-settled Equity Swap | 27/05/2022 | 27/05/2022 | Cash | 997,311 | 0.13% |
Cash-settled Equity Swap | 06/06/2022 | 06/06/2022 | Cash | 4,050 | 0.00% |
Cash-settled Equity Swap | 08/06/2023 | 08/06/2023 | Cash | 500,000 | 0.07% |
Cash-settled Equity Swap | 13/09/2024 | 13/09/2024 | Cash | 711,655 | 0.09% |
SUBTOTAL 8.B.2 | 10,668,062 | 1.39% | |||
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) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
JPMorgan Chase & Co. | ||||
JPMorgan Chase Bank, National Association | ||||
J.P. Morgan International Finance Limited | ||||
J.P. Morgan Capital Holdings Limited | ||||
J.P. Morgan Securities plc | 4.16% | 5.18% | ||
JPMorgan Chase & Co. | ||||
JPMorgan Chase Bank, National Association | ||||
JPMorgan Chase & Co. | ||||
JPMorgan Chase Bank, National Association | ||||
J.P. Morgan International Finance Limited | ||||
J.P. Morgan EU Capital Holdings Limited | ||||
J.P. Morgan EU Holdings Limited | ||||
J.P. Morgan Equities South Africa Proprietary Limited | ||||
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | N/A | |||
The number and % of voting rights held | N/A | |||
The date until which the voting rights will be held | N/A | |||
11. Additional informationxvi | ||||
Chain of controlled undertakings:
JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%) J.P. Morgan International Finance Limited (100%) J.P. Morgan Capital Holdings Limited (100%) J.P. Morgan Securities plc (100%)
JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%)
JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%) J.P. Morgan International Finance Limited (100%) J.P. Morgan EU Capital Holdings Limited (100%) J.P. Morgan EU Holdings Limited (100%) J.P. Morgan Equities South Africa Proprietary Limited (100%) | ||||
Place of completion | London, United Kingdom |
Date of completion | 08 June 2020 |
For further information contact:
Verity Cox
Senior Assistant Company Secretary
Tel: +44 (0)20 7887 1000
9 June 2020
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange.