Holding(s) in Company

01 September 2020

TR-1: Standard form for notification of major holdings 

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

Highland Gold Mining Limited

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

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi:

24 August 2020

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

28 August 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

4.82%

1.36%

6.18%

363,896,990

Position of previous notification (if

applicable)

4.59%

0.55%

5.14%

 

             

 


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)

GB0032360173

 

17,545,783

 

4.82%

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

17,545,783

4.82%

 

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

 

 

 

 

 

 

 

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

Cash-settled Equity Swap

21/09/2020

21/09/2020

Cash

719,930

0.20%

Cash-settled Equity Swap

29/10/2020

29/10/2020

Cash

1,155,831

0.32%

Cash-settled Equity Swap

17/11/2020

17/11/2020

Cash

2,378,000

0.65%

Cash-settled Equity Swap

20/11/2020

20/11/2020

Cash

580,000

0.16%

Cash-settled Equity Swap

02/09/2021

02/09/2021

Cash

47,044

0.01%

Cash-settled Equity Swap

17/09/2021

17/09/2021

Cash

22,700

0.01%

Cash-settled Equity Swap

08/02/2023

08/02/2023

Cash

58,163

0.02%

 

 

 

SUBTOTAL 8.B.2

4,961,668

1.36%

 

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

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

4.82%

 

6.18%

JPMorgan Chase & Co.

 

 

 

JPMorgan Chase Holdings LLC

 

 

 

J.P. Morgan Broker-Dealer Holdings Inc.

 

 

 

J.P. Morgan Securities LLC

 

 

 

 

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

 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%)

 

 

Place of completion

London, United Kingdom

Date of completion

28 August 2020