ONE Savings Bank PLC : Holding(s) in Company

06.April 2017 at 17:06:35 CET
For filings with the FCA include the annex  
For filings with issuer exclude the annex  
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
   
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii 		OneSavings Bank plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached  
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments  
An event changing the breakdown of voting rights  
Other (please specify):    
3. Full name of person(s) subject to the
notification obligation: iii 		JPMorgan Asset Management Holdings Inc.
4. Full name of shareholder(s)
 (if different from 3.):iv 		JPMorgan Asset Management (UK) Limited

J.P. Morgan Investment Management Inc.
5. Date of the transaction and date on
which the threshold is crossed or
reached: v 		04 April 2017
6. Date on which issuer notified: 05 April 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii 		Voting rights attached to Shares crossed 5% upwards


8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of
shares

if possible using
the ISIN CODE 		Situation previous
to the triggering
transaction 		Resulting situation after the triggering transaction
Number
of
Shares 		Number
of
Voting
Rights 		Number
of shares 		Number of voting
rights 		% of  voting rights x
Direct Direct xi Indirect xii Direct Indirect
 

GB00BM7S7K96 		 

12,086,486 		 

12,086,486 		     

12,244,601 		   

5.03%

 
 
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument 		Expiration
date xiii 		Exercise/
Conversion Period xiv 		Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted. 		% of voting
rights
         
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument 		Exercise price Expiration date xvii Exercise/
Conversion period xviii 		Number of voting rights instrument refers to

  		% of voting rights xix, xx

 
Cash-settled Equity Swap       791,237 Nominal Delta
  0.33%
 
Total (A+B+C)
Number of voting rights Percentage of voting rights
 

13,035,838 		 

5.36%

 


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Total disclosable holding for JPMorgan Asset Management Holdings Inc. : 13,035,838 (5.36%)

 

Direct: JPMorgan Asset Management (UK) Limited: 12,233,201 (5.03%) Shares; 791,237 (0.33%) Financial Instruments with similar economic effect to Qualifying Financial Instruments.

 

Direct: J.P. Morgan Investment Management Inc.

 

Chain of control:

 

JPMorgan Asset Management Holdings Inc. (100%)
J.P. Morgan Investment Management Inc. (100%)

 

JPMorgan Asset Management Holdings Inc. (100%)
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management Holdings (UK) Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)
 
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease
to hold: 		N/A
12. Date on which proxy holder will cease to hold
voting rights: 		N/A
 

13. Additional information: 		N/A
14. Contact name: Michelle Boniface, Senior Assistant Company Secretary, OneSavings Bank plc
15. Contact telephone number: 01634 821285