Source - PRN

GKN plc (the "Company")

Legal Entity Identifier: 213800QNZ22GS95OSW84

 Classification of Information: 2.3 Major shareholding notifications

The following notification was received by the Company on 4 April 2018.

Kerry Watson

Company Secretary

5 April 2018

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: GKN 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 X
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name Bank of America Corporation
City and country of registered office (if applicable) Wilmington, DE, United States
4. Full name of shareholder(s) (if different from 3.)v
Name Merrill Lynch International
City and country of registered office (if applicable) London, UK
5. Date on which the threshold was crossed or reachedvi: 29th March 2018
6. Date on which issuer notified (DD/MM/YYYY): 4th April 2018
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 7.570% 4.804% 12.373% 1,718,840,823
Position of previous notification (if
applicable)
8.429% 5.559% 13.988%

   

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)
GB0030646508 0 130,113,517 0% 7.570%
SUBTOTAL 8. A 130,113,517 7.570%
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
date
x
Exercise/
Conversion Period
xi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
N/A N/A N/A N/A N/A
SUBTOTAL 8. B 1
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
date
x
Exercise/
Conversion Period
xi
Physical or cash
settlementxii
Number of voting rights % of voting rights
Swaps 03-Apr-2018 N/A Cash Settled 568,944 0.033%
Swaps 16-Apr-2018 N/A Cash Settled 15,000,000 0.873%
Swaps 19-Apr-2018 N/A Cash Settled 15,000,000 0.873%
Swaps 10-Oct-2018 N/A Cash Settled 149 0.000%
Swaps 31-Oct-2018 N/A Cash Settled 26,621 0.002%
Swaps 31-Dec-2018 N/A Cash Settled 70,533 0.004%
Swaps 10-May-2019 N/A Cash Settled 2,000,000 0.116%
Swaps 15-May-2019 N/A Cash Settled 737,746 0.043%
Swaps 15-Feb-2023 N/A Cash Settled 91,011 0.005%
Swaps 31-Jan-2019 N/A Cash Settled 59,653 0.003%
Swaps 13-Feb-2019 N/A Cash Settled 102,959 0.006%
Swaps 30-Apr-2019 N/A Cash Settled 6,810 0.000%
Swaps 29-May-2019 N/A Cash Settled 14,904 0.001%
Swaps 26-Jun-2019 N/A Cash Settled 1,820 0.000%
Swaps 20-Jul-2018 N/A Cash Settled 112,695 0.007%
Swaps 07-Aug-2018 N/A Cash Settled 4,540,568 0.264%
Swaps 31-Jan-2019 N/A Cash Settled 59,653 0.003%
Swaps 13-Feb-2019 N/A Cash Settled 102,959 0.006%
Swaps 02-Apr-2019 N/A Cash Settled 863,121 0.050%
Swaps 11-Apr-2019 N/A Cash Settled 42,953,458 2.499%
Index Futures Jun-18 N/A Cash Settled 65,868 0.004%
OTC Option over Index 20-Dec-19 N/A Cash Settled 185,962 0.011%
SUBTOTAL 8.B.2 82,565,434 4.804%





 

   

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
Bank of America Corporation N/A N/A N/A
NB Holdings Corporation N/A N/A N/A
 
BofAML Jersey Holdings Limited N/A N/A N/A
BofAML EMEA Holdings 2 Limited N/A N/A N/A
ML UK Capital Holdings Limited N/A N/A N/A
Merrill Lynch International 7.459% N/A 9.433%

   

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
Bank of America Corporation N/A N/A N/A
NB Holdings Corporation N/A N/A N/A
BAC North America Holding Company N/A N/A N/A
Merrill Lynch, Pierce, Fenner & Smith Incorporated N/A N/A N/A

   

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
Bank of America Corporation N/A N/A N/A
NB Holdings Corporation N/A N/A
N/A
BAC North America Holding Company N/A N/A N/A
BANA Holding Corporation N/A N/A N/A
Bank of America, National Association N/A N/A N/A
Managed Account Advisors LLC N/A N/A N/A

   

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
Bank of America Corporation N/A                  N/A                N/A            
NB Holdings Corporation N/A                  N/A                N/A            
BAC North America Holding Company N/A                  N/A                N/A            
BANA Holding Corporation N/A                  N/A                N/A            
Bank of America, National Association N/A                   N/A                N/A            
+10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

   

Place of completion United Kingdom
Date of completion 4th April 2018