SSE PLC

Major Shareholding Notification • Jan 26, 2016

National Storage Mechanism | Additional information

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RNS Number : 9967M

SSE PLC

26 January 2016

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				SSE Plc GB0007908733
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					n/a
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					n/a
An event changing the breakdown of voting rights					n/a
Other (please specify):					n/a
3. Full name of person(s) subject to the notification obligation: iii		UBS Investment Bank UBS Group AG
4. Full name of shareholder(s) (if different from 3.):iv		UBS AG London Branch UBS Limited UBS Securities LLC
5. Date of the transaction and date on which the threshold is crossed or reached: v		21 January 2016
6. Date on which issuer notified:		25 January 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		4% Section A 5% Section (A+B+C)

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 xi		Indirect xii	Direct			Indirect
GB0007908733	Below Notifiable Threshold				Below Notifiable Threshold		-		-		49,558,763	-			4.93%
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
Equity Options			16.02.2016			-				39,567				0.00%
Equity Options			19.02.2016			-				1,961,691				0.19%
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
Equity Swaps		-		From 14.03.2016 to 24.12.2018				-	443,134				Nominal			Delta
-			0.04%
Total (A+B+C)
Number of voting rights									Percentage of voting rights
52,003,155									5.17%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights are held through its controlled undertakings as set out below. UBS AG: -     directly through its branches: UBS AG London Branch - 49,519,193 (4.92%); and -     indirectly through its subsidiaries: UBS Limited - 149,182 (0.02%) -     indirectly through its subsidiaries: UBS Securities LLC - 2,334,780 (0.23%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Konstantina Georgaki / Zuzana Görögová
15. Contact telephone number:	+41 44 239 4071

This information is provided by RNS

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