TR-1: Standard form for notification
of major holdings
1. Issuer Details
ISIN
BMG5361W1047
Issuer Name
LANCASHIRE HOLDINGS LIMITED
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or
disposal of financial instruments
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
17-May-2022
6. Date on which Issuer notified
19-May-2022
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 |
1.296793 |
4.641471 |
5.938264 |
14478896 |
| Position of previous notification (if
applicable) |
n/a |
n/a |
n/a |
|
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) |
| BMG5361W1047 |
|
3161890 |
|
1.296793 |
| Sub Total 8.A |
3161890 |
1.296793% |
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 |
|
|
|
|
|
| Sub Total 8.B1 |
|
|
|
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 Equity Swap |
16/06/2022 |
16/06/2022 |
Cash |
468722 |
0.192238 |
| Cash-settled Equity Swap |
22/06/2022 |
22/06/2022 |
Cash |
832423 |
0.341404 |
| Cash-settled Equity Swap |
23/06/2022 |
23/06/2022 |
Cash |
1178000 |
0.483136 |
| Cash-settled Equity Swap |
28/06/2022 |
28/06/2022 |
Cash |
1843088 |
0.755910 |
| Cash-settled Equity Swap |
29/06/2022 |
29/06/2022 |
Cash |
1404000 |
0.575826 |
| Cash-settled Equity Swap |
07/07/2022 |
07/07/2022 |
Cash |
649000 |
0.266176 |
| Cash-settled Equity Swap |
08/07/2022 |
08/07/2022 |
Cash |
244147 |
0.100133 |
| Cash-settled Equity Swap |
12/07/2022 |
12/07/2022 |
Cash |
760588 |
0.311942 |
| Cash-settled Equity Swap |
01/08/2022 |
01/08/2022 |
Cash |
531000 |
0.217780 |
| Cash-settled Equity Swap |
05/08/2022 |
05/08/2022 |
Cash |
464723 |
0.190598 |
| Cash-settled Equity Swap |
05/09/2022 |
05/09/2022 |
Cash |
417000 |
0.171025 |
| Cash-settled Equity Swap |
03/03/2023 |
03/03/2023 |
Cash |
151259 |
0.062036 |
| Cash-settled Equity Swap |
28/03/2023 |
28/03/2023 |
Cash |
1000000 |
0.410132 |
| Cash-settled Equity Swap |
30/03/2023 |
30/03/2023 |
Cash |
1041000 |
0.426948 |
| Cash-settled Equity Swap |
05/04/2023 |
05/04/2023 |
Cash |
30643 |
0.012568 |
| Cash-settled Equity Swap |
19/04/2023 |
19/04/2023 |
Cash |
39925 |
0.016375 |
| Cash-settled Equity Swap |
04/05/2023 |
04/05/2023 |
Cash |
2300 |
0.000943 |
| Cash-settled Equity Swap |
10/05/2023 |
10/05/2023 |
Cash |
66562 |
0.027299 |
| Cash-settled Equity Swap |
01/06/2023 |
01/06/2023 |
Cash |
3596 |
0.001475 |
| Cash-settled Equity Swap |
02/06/2023 |
02/06/2023 |
Cash |
27538 |
0.011294 |
| Cash-settled Equity Swap |
21/06/2023 |
21/06/2023 |
Cash |
7371 |
0.003023 |
| Cash-settled Equity Swap |
30/06/2023 |
30/06/2023 |
Cash |
2188 |
0.000897 |
| Cash-settled Equity Swap |
02/02/2027 |
02/02/2027 |
Cash |
151933 |
0.062313 |
| Sub Total 8.B2 |
|
11317006 |
4.641471% |
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 |
|
4.641471 |
5.938264% |
| JPMorgan Chase & Co. |
J.P. Morgan SE |
|
|
|
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 Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)
12. Date of Completion
19-May-2022
13. Place Of Completion
London