TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0007908733
Issuer Name
SSE PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Name |
City of registered office |
Country of registered office |
J.P. Morgan Securities plc |
|
|
5. Date on which the threshold was crossed or reached
18-Jul-2025
6. Date on which Issuer notified
22-Jul-2025
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 held in issuer |
|
Resulting situation on the date on which threshold was crossed or reached |
4.248032 |
1.062380 |
5.310412 |
58761334 |
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 reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
GB0007908733 |
|
47005732 |
|
4.248032 |
Sub Total 8.A |
47005732 |
4.248032% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
Depository Receipt |
|
|
100 |
0.000009 |
Sub Total 8.B1 |
|
100 |
0.000009% |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
Cash settled Call Option |
05/12/2028 |
05/12/2028 |
Cash |
6063 |
0.000548 |
Cash-settled Equity Swap |
29/07/2025 |
29/07/2025 |
Cash |
263154 |
0.023782 |
Cash-settled Equity Swap |
10/09/2025 |
10/09/2025 |
Cash |
3295 |
0.000298 |
Cash-settled Equity Swap |
05/11/2025 |
05/11/2025 |
Cash |
117950 |
0.010659 |
Cash-settled Equity Swap |
02/12/2025 |
02/12/2025 |
Cash |
72291 |
0.006533 |
Cash-settled Equity Swap |
08/12/2025 |
08/12/2025 |
Cash |
957 |
0.000086 |
Cash-settled Equity Swap |
16/12/2025 |
16/12/2025 |
Cash |
163 |
0.000015 |
Cash-settled Equity Swap |
24/12/2025 |
24/12/2025 |
Cash |
1342 |
0.000121 |
Cash-settled Equity Swap |
31/12/2025 |
31/12/2025 |
Cash |
1211 |
0.000109 |
Cash-settled Equity Swap |
16/01/2026 |
16/01/2026 |
Cash |
93343 |
0.008436 |
Cash-settled Equity Swap |
20/01/2026 |
20/01/2026 |
Cash |
24095 |
0.002178 |
Cash-settled Equity Swap |
10/02/2026 |
10/02/2026 |
Cash |
1496135 |
0.135210 |
Cash-settled Equity Swap |
11/02/2026 |
11/02/2026 |
Cash |
765967 |
0.069222 |
Cash-settled Equity Swap |
03/03/2026 |
03/03/2026 |
Cash |
2141 |
0.000193 |
Cash-settled Equity Swap |
05/03/2026 |
05/03/2026 |
Cash |
367 |
0.000033 |
Cash-settled Equity Swap |
18/03/2026 |
18/03/2026 |
Cash |
108989 |
0.009850 |
Cash-settled Equity Swap |
24/03/2026 |
24/03/2026 |
Cash |
74983 |
0.006776 |
Cash-settled Equity Swap |
31/03/2026 |
31/03/2026 |
Cash |
2675 |
0.000242 |
Cash-settled Equity Swap |
02/04/2026 |
02/04/2026 |
Cash |
45957 |
0.004153 |
Cash-settled Equity Swap |
28/04/2026 |
28/04/2026 |
Cash |
821601 |
0.074250 |
Cash-settled Equity Swap |
29/04/2026 |
29/04/2026 |
Cash |
2083 |
0.000188 |
Cash-settled Equity Swap |
05/05/2026 |
05/05/2026 |
Cash |
290346 |
0.026239 |
Cash-settled Equity Swap |
06/05/2026 |
06/05/2026 |
Cash |
14405 |
0.001302 |
Cash-settled Equity Swap |
07/05/2026 |
07/05/2026 |
Cash |
237421 |
0.021456 |
Cash-settled Equity Swap |
08/05/2026 |
08/05/2026 |
Cash |
1249382 |
0.112910 |
Cash-settled Equity Swap |
12/05/2026 |
12/05/2026 |
Cash |
6000 |
0.000542 |
Cash-settled Equity Swap |
19/05/2026 |
19/05/2026 |
Cash |
25527 |
0.002307 |
Cash-settled Equity Swap |
20/05/2026 |
20/05/2026 |
Cash |
191994 |
0.017351 |
Cash-settled Equity Swap |
02/06/2026 |
02/06/2026 |
Cash |
12615 |
0.001140 |
Cash-settled Equity Swap |
03/06/2026 |
03/06/2026 |
Cash |
4500 |
0.000407 |
Cash-settled Equity Swap |
08/06/2026 |
08/06/2026 |
Cash |
61725 |
0.005578 |
Cash-settled Equity Swap |
10/06/2026 |
10/06/2026 |
Cash |
1067 |
0.000096 |
Cash-settled Equity Swap |
24/06/2026 |
24/06/2026 |
Cash |
7325 |
0.000662 |
Cash-settled Equity Swap |
26/06/2026 |
26/06/2026 |
Cash |
16003 |
0.001446 |
Cash-settled Equity Swap |
01/07/2026 |
01/07/2026 |
Cash |
1918 |
0.000173 |
Cash-settled Equity Swap |
02/07/2026 |
02/07/2026 |
Cash |
1053342 |
0.095193 |
Cash-settled Equity Swap |
03/07/2026 |
03/07/2026 |
Cash |
16048 |
0.001450 |
Cash-settled Equity Swap |
14/07/2026 |
14/07/2026 |
Cash |
55459 |
0.005012 |
Cash-settled Equity Swap |
17/07/2026 |
17/07/2026 |
Cash |
6606 |
0.000597 |
Cash-settled Equity Swap |
04/08/2026 |
04/08/2026 |
Cash |
0 |
0.000000 |
Cash-settled Equity Swap |
05/08/2026 |
05/08/2026 |
Cash |
1228777 |
0.111048 |
Cash-settled Equity Swap |
17/08/2026 |
17/08/2026 |
Cash |
10363 |
0.000937 |
Cash-settled Equity Swap |
19/08/2026 |
19/08/2026 |
Cash |
10792 |
0.000975 |
Cash-settled Equity Swap |
02/09/2026 |
02/09/2026 |
Cash |
124282 |
0.011232 |
Cash-settled Equity Swap |
16/10/2026 |
16/10/2026 |
Cash |
937942 |
0.084764 |
Cash-settled Equity Swap |
18/01/2027 |
18/01/2027 |
Cash |
215 |
0.000019 |
Cash-settled Equity Swap |
21/01/2027 |
21/01/2027 |
Cash |
225219 |
0.020354 |
Cash-settled Equity Swap |
04/05/2027 |
04/05/2027 |
Cash |
247336 |
0.022352 |
Cash-settled Equity Swap |
04/06/2027 |
04/06/2027 |
Cash |
7639 |
0.000690 |
Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
95757 |
0.008654 |
Cash-settled Equity Swap |
02/03/2029 |
02/03/2029 |
Cash |
705271 |
0.063737 |
Cash-settled Equity Swap |
04/04/2030 |
04/04/2030 |
Cash |
52454 |
0.004740 |
Cash-settled Equity Swap |
02/05/2030 |
02/05/2030 |
Cash |
596575 |
0.053914 |
Cash-settled Equity Swap |
02/07/2030 |
02/07/2030 |
Cash |
199226 |
0.018005 |
Cash-settled Equity Swap |
18/07/2030 |
18/07/2030 |
Cash |
127294 |
0.011504 |
Cash-settled Equity Swap |
18/07/2026 |
18/07/2026 |
Cash |
29915 |
0.002703 |
Sub Total 8.B2 |
|
11755502 |
1.062371% |
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person |
Name of controlled undertaking |
% 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. |
J.P. Morgan Securities plc |
4.216114 |
|
5.254708% |
JPMorgan Chase & Co. |
J.P. Morgan SE |
|
|
|
JPMorgan Chase & Co. |
J.P. Morgan Securities LLC |
|
|
|
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
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 Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)
12. Date of Completion
22-Jul-2025
13. Place Of Completion
London, United Kingdom