On behalf of JPMorgan Asset Management Holdings Inc. ("JPMAMHI") and its subsidiaries, JPMAMHI hereby notifies you that it has a notifiable interest in Fjordkraft Holding ASA ("the Company"), as detailed in the attached Schedule.
JPMorgan Asset Management Holdings Inc. ("JPMAMHI") has a notifiable interest in the share capital of Fjordkraft Holding ASA as a result of trades by its subsidiary JPMorgan Asset Management (UK) Limited. The total number of shares held by JPMAMHI on 16 March 2020 was 5,235,693 being 5.007% of the issued share capital and voting rights of the company. The equity holding in JPMAMHI crossed notification threshold of 5% on 16 March 2020.
Breakdown by number of shares held:
JPMorgan Asset Management (UK) Limited 4,842,279 (4.631%)
J.P. Morgan Investment Management Inc. 212,019 (0.203%)
JPMorgan Chase Bank, National Association 181,395 (0.173%)
Trades by JPMorgan Asset Management (UK) Limited
Bought shares: 18,607
CHAIN OF CONTROLLED UNDERTAKINGS
Relationship of JPMorgan Asset Management Holdings Inc. to subsidiaries involved in the disclosure
1. The following hierarchy shows the relationship between JPMorgan Asset Management Holdings Inc. and its subsidiary JPMorgan Asset Management (UK) Limited
JPMorgan Asset Management Holdings Inc.
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management Holdings (UK) Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)
2. The following hierarchy shows the relationship between JPMorgan Asset Management Holdings Inc. and its subsidiary J.P. Morgan Investment Management Inc.
JPMorgan Asset Management Holdings Inc.
J.P. Morgan Investment Management Inc. (100%)
3. The following hierarchy shows the place of JPMorgan Chase Bank, National Association within the JPMorgan group.
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)