Source - LSE Regulatory
RNS Number : 8595O
easyJet PLC
03 June 2020
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

easyJet 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 Securities LLC

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:

29 May 2020

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

02 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

3.40%

2.48%

5.88%

397,208,133

Position of previous notification (if

applicable)

2.48%

2.64%

5.12%


 



 

 

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)

GB00B7KR2P84


13,503,428


3.40%






SUBTOTAL 8. A

13,503,428

3.40%

 

 

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

Right to Recall

N/A

N/A

594,771

0.15%

Physically Settled Call

15/01/2021

Anytime

350,000

0.09%

American Depository Receipt

n/a

n/a

7,700

0.00%



SUBTOTAL 8. B 1

952,471

0.24%

 


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

Cash-settled Equity Swap

02/07/2020

02/07/2020

Cash

47,005

0.01%

Cash-settled Equity Swap

13/07/2020

13/07/2020

Cash

410,000

0.10%

Cash-settled Equity Swap

25/08/2020

25/08/2020

Cash

95,000

0.02%

Cash-settled Equity Swap

16/09/2020

16/09/2020

Cash

20,857

0.01%

Cash-settled Equity Swap

22/12/2020

22/12/2020

Cash

161,051

0.04%

Cash-settled Equity Swap

04/01/2021

04/01/2021

Cash

93,200

0.02%

Cash-settled Equity Swap

14/01/2021

14/01/2021

Cash

468,493

0.12%

Cash-settled Equity Swap

20/01/2021

20/01/2021

Cash

12,620

0.00%

Cash-settled Equity Swap

25/01/2021

25/01/2021

Cash

42,600

0.01%

Cash-settled Equity Swap

05/02/2021

05/02/2021

Cash

144,000

0.04%

Cash-settled Equity Swap

08/02/2021

08/02/2021

Cash

29,880

0.01%

Cash-settled Equity Swap

15/02/2021

15/02/2021

Cash

49,810

0.01%

Cash-settled Equity Swap

17/02/2021

17/02/2021

Cash

35,450

0.01%

Cash-settled Equity Swap

02/03/2021

02/03/2021

Cash

109,646

0.03%

Cash-settled Equity Swap

15/03/2021

15/03/2021

Cash

14,210

0.00%

Cash-settled Equity Swap

18/03/2021

18/03/2021

Cash

14,310

0.00%

Cash-settled Equity Swap

06/04/2021

06/04/2021

Cash

324,723

0.08%

Cash-settled Equity Swap

19/04/2021

19/04/2021

Cash

99,530

0.03%

Cash-settled Equity Swap

20/04/2021

20/04/2021

Cash

13,380

0.00%

Cash-settled Equity Swap

23/04/2021

23/04/2021

Cash

28,400

0.01%

Cash-settled Equity Swap

26/04/2021

26/04/2021

Cash

145,100

0.04%

Cash-settled Equity Swap

27/04/2021

27/04/2021

Cash

81,570

0.02%

Cash-settled Equity Swap

04/05/2021

04/05/2021

Cash

61,692

0.02%

Cash-settled Equity Swap

05/05/2021

05/05/2021

Cash

93,285

0.02%

Cash-settled Equity Swap

06/05/2021

06/05/2021

Cash

4,480

0.00%

Cash-settled Equity Swap

07/05/2021

07/05/2021

Cash

87,470

0.02%

Cash-settled Equity Swap

10/05/2021

10/05/2021

Cash

36,500

0.01%

Cash-settled Equity Swap

11/05/2021

11/05/2021

Cash

1,036

0.00%

Cash-settled Equity Swap

12/05/2021

12/05/2021

Cash

226,102

0.06%

Cash-settled Equity Swap

20/05/2021

20/05/2021

Cash

73,000

0.02%

Cash-settled Equity Swap

21/05/2021

21/05/2021

Cash

36,500

0.01%

Cash-settled Equity Swap

27/05/2022

27/05/2022

Cash

1,223,374

0.31%

Cash-settled Equity Swap

08/02/2023

08/02/2023

Cash

7,757

0.00%

Cash-settled Equity Swap

29/05/2024

29/05/2024

Cash

3,490,827

0.88%

Cash-settled Equity Swap

12/06/2024

12/06/2024

Cash

123,980

0.03%

Cash-settled Equity Swap

17/12/2024

17/12/2024

Cash

85,307

0.02%

Cash-settled Equity Swap

21/01/2025

21/01/2025

Cash

904,209

0.23%




SUBTOTAL 8.B.2

8,896,354

2.24%

 

 

 

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 entity
xiv (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

3.38%


5.86%





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  10,580,597 (2.66%)

 

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%)

 

 

Place of completion

London, United Kingdom

Date of completion

02 June 2020

 


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