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TechnipFMC plc: Notification of major interest in shares

Published: 2020-06-18 20:15:00 ET

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News:

TechnipFMC plc (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) announces that it has received the following notification of major interests in shares.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			TECHNIPFMC 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
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligation
Name			Société Générale SA (SG SA)
City and country of registered office (if applicable)			Puteaux, France
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			16/06/2020
6. Date on which issuer notified (DD/MM/YYYY):			17/06/2020
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	1.39%	7.44%		8.83%	448,303,413
Position of previous notification (if applicable)	1.08%	3.16%		4.24%

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)
GB00BDSFG982 Ordinary shares	5,200,672			0			1.16%		0
GB00BDSFG982 Borrowed Ordinary shares	1,009,541			0			0.23%		0
SUBTOTAL 8. A	6,210,213						1.39%

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 datex		Exercise/ Conversion Periodxi			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))
Call option on basket		03/01/2025	Till 03/01/2025		Cash			1 596	0,00%
Call option on basket		03/01/2033	Till 03/01/2033		Cash			10 480 285	2,34%
Call option		03/01/2033	Till 03/01/2033		Cash			1 250 000	0,28%
Call option		16/12/2022	16/12/2022		Cash			208	0,00%
Call option		17/12/2021	17/12/2021		Cash			264	0,00%
Call option		18/09/2020	18/09/2020		Cash			793 045	0,18%
Call option		18/12/2020	18/12/2020		Cash			437 308	0,10%
Call option		19/03/2021	19/03/2021		Cash			140 477	0,03%
Call option		19/06/2020	19/06/2020		Cash			364 636	0,08%
Put option		03/01/2033	Till 03/01/2033		Cash			1 045 000	0,23%
Put option		17/07/2020	17/07/2020		Cash			400 000	0,09%
Put option		18/09/2020	18/09/2020		Cash			887 102	0,20%
Put option		18/12/2020	18/12/2020		Cash			401 443	0,09%
Put option		19/03/2021	19/03/2021		Cash			47 995	0,01%
Put option		19/06/2020	19/06/2020		Cash			490 694	0,11%
Put option		21/08/2020	21/08/2020		Cash			400 000	0,09%
Listed call warrants		03/01/2025	Till 03/01/2025		Cash			1 590	0,00%
Listed call warrants		03/01/2033	Till 03/01/2033		Cash			11 722 632	2,61%
Listed call warrants		17/12/2021	17/12/2021		Cash			138	0,00%
Listed call warrants		18/09/2020	18/09/2020		Cash			872 558	0,19%
Listed call warrants		18/12/2020	18/12/2020		Cash			493 827	0,11%
Listed call warrants		19/03/2021	19/03/2021		Cash			158 236	0,04%
Listed call warrants		19/06/2020	19/06/2020		Cash			343 368	0,08%
Listed put warrants		03/01/2033	Till 03/01/2033		Cash			645 000	0,14%
Listed put warrants		17/07/2020	17/07/2020		Cash			200 000	0,04%
Listed put warrants		18/09/2020	18/09/2020		Cash			687 102	0,15%
Listed put warrants		18/12/2020	18/12/2020		Cash			401 443	0,09%
Listed put warrants		19/03/2021	19/03/2021		Cash			47 995	0,01%
Listed put warrants		19/06/2020	19/06/2020		Cash			440 690	0,10%
Listed put warrants		21/08/2020	21/08/2020		Cash			200 000	0,04%
Call option on basket		03/01/2025	Till 03/01/2025		Cash			1 596	0,00%
					SUBTOTAL 8.B.2			33,354,632	7.44%

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				X
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)
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






10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held

11. Additional informationxvi

Place of completion	London, United Kingdom
Date of completion	June 17th, 2020

View source version on businesswire.com: https://www.businesswire.com/news/home/20200618005853/en/

Investor Relations Matthew Seinsheimer Tel: +1 281 260 3665 Email: Matt SeinsheimerJames Davis Tel: +1 281 260 3665 Email: James DavisMedia Relations Christophe Bélorgeot Office, 01 47 78 39 92; Mobile, +33 6 32 65 34 72; cbelorgeot@technip.com Jason Hyonne Office, +33 1 47 78 22 89; Mobile, +33 6 42 61 83 33; jason.hyonne@technipfmc.com

Source: TechnipFMC plc

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.