« Back

Press Release

TechnipFMC plc: Notification of major interest in shares

March 06, 2018

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Mar. 6, 2018-- Regulatory News:

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

 
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
  TECHNIPFMC 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   X
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments   X
An event changing the breakdown of voting rights    
Other (please specify):      
3. Full name of person(s) subject to the
notification obligation: iii
  Credit Agricole SA
4. Full name of shareholder(s)
(if different from 3.):iv
  Amundi SA

Amundi Deutscheland

Amundi Hong Kong

Amundi Japan

Amundi Singapore

BFT Investment

Cali Europe

CPR Asset Management

Crédit Foncier de Monaco

Credit Agricole Corporate and Investment Bank

SG Gestion

Etoile Gestion

Gestion Privee Indosuez

LCL SA

Spirica

5. Date of the transaction and date on
which the threshold is crossed or
reached: v
  19/02/2018
6. Date on which issuer notified:   23/02/2018
7. Threshold(s) that is/are crossed or
reached: vi, vii
  Less than 5%
 
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
GB00BDSFG982   17,015,211   17,015,211   14,974,337   14,974,337   0   3.2093%   0

 

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
Convertible bond: XS1351586588   25/01/2021       1,168,101   0.2503%

 

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
Call option 22.5   21/09/2018       333,334   Nominal   Delta
            0.0714
Call option 22.5   21/12/2018       333,334       0.0714
Call option 22.5   15/03/2019       333,334       0.0714
Equity Swaps     17/12/2020       28,653       0.0061
Equity Swaps     17/12/2020       34,407       0.0074
Equity Swaps     17/12/2020       68,299       0.0146
Equity Swaps     17/12/2020      

871,098

      0.1867
Equity Swaps     17/12/2020       1,037,383       0.2223
Equity Swaps- Call cash settled 22.5275   23/10/2019       792,365       0.1698
Equity Swaps- Call cash settled 28.392826   13/01/2021       1,675,651       0.3591
Call Option 26   June 2018       235,460.50       0.0505
Call Option 26   December

2018

      288,355.50       0.0618
Put Option 28   March 2018       37,840.00       0.0081
Put Option 18   December

2018

      109,948.50       0.0236

 

 
Total (A+B+C)
Number of voting rights   Percentage of voting rights
22,321,901   4.7838%
 
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Credit Agricole Group:

 

Amundi SA

Amundi Deutscheland

Amundi Hong Kong

Amundi Japan

Amundi Singapore

BFT Investment

Cali Europe

CPR Asset Management

Crédit Foncier de Monaco

Credit Agricole Corporate and Investment Bank

SG Gestion

Etoile Gestion

Gestion Privee Indosuez

LCL SA

Spirica

 
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:
 
Credit Agricole CIB London Branch is responsible for making TR-1 notifications on behalf of Credit Agricole SA
14. Contact name:   James Kelly
15. Contact telephone number:   020 7214 5423

 

Source: TechnipFMC plc

TechnipFMC plc