ISAT.L

Inmarsat Plc
Inmarsat PLC - Holding(s) in Company
4th December 2019, 07:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 5704V
Inmarsat PLC
03 December 2019
 

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:

Inmarsat 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

JPMorgan Chase Bank, N.A.

J.P. Morgan Securities LLC

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi:

29 November 2019

6. Date on which issuer notified (DD/MM/YYYY):

03 December 2019

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

14.98%

1.11%

16.09%

469,771,885

Position of previous notification (if

applicable)

15.22%

0.89%

16.11%


 

 

 

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 of
shares

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)

GB00B09LSH68


70,376,546


14.98%











SUBTOTAL 8. A

70,376,546

14.98%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Convertible Bond

09/09/2023

09/09/2023

4,653,497

0.99%

American Depository Receipt

N/A

N/A

2,500

0.00%



SUBTOTAL 8. B 1

4,655,997

0.99%

 

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

Expiration
datex

Exercise/
Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

Cash-settled Equity Swap

05/02/2020

05/02/2020

Cash

44,745

0.01%

Cash-settled Equity Swap

28/09/2020

28/09/2020

Cash

380,680

0.08%

Cash-settled Equity Swap

19/10/2020

19/10/2020

Cash

37,989

0.01%

Cash-settled Equity Swap

10/11/2020

10/11/2020

Cash

9,852

0.00%

Cash-settled Equity Swap

02/12/2020

02/12/2020

Cash

2,686

0.00%

Cash-settled Equity Swap

14/01/2021

14/01/2021

Cash

85,296

0.02%

Cash-settled Equity Swap

04/07/2024

04/07/2024

Cash

8,477

0.00%

Cash-settled Equity Swap

07/10/2024

07/10/2024

Cash

11,303

0.00%




SUBTOTAL 8.B.2

581,028

0.12%

 

           

 

 

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 the
financial 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

14.98%


16.09%





JPMorgan Chase & Co.




JPMorgan Chase Holdings LLC




J.P. Morgan Broker-Dealer Holdings Inc.




J.P. Morgan Securities LLC








JPMorgan Chase & Co.




JPMorgan Chase Bank, National Association





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

 

Table 8A) Includes stock borrows of 2,500 (0.00%)

 

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. (100%)

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%)

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
HOLFSWEFDFUSEIE ]]>
TwitterFacebookLinkedIn