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Press Release

TechnipFMC plc: Notification of Major Interest in Shares

April 21, 2017

21 April 2017

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Apr. 21, 2017-- Regulatory News:

TechnipFMC plc (“TechnipFMC”) (Paris: FTI) (NYSE: FTI) (ISIN: GB00BDSFG982) announces that it has received the following notifications of major interest 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    
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached    
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments    
An event changing the breakdown of voting rights    
Other (please specify):   Conversion of holding in FR0000131708 to GB00BDSFG982 following the merger of Technip and FMC Technologies   X

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 Japan

Amundi Hong Kong

Amundi Alternative Investments

Amundi SGR

Credit Agricole Corporate and Investment Bank

SG Gestion

Etoile Gestion

CPR Asset Management

5. Date of the transaction and date on which the threshold is crossed or reached: v

  18/01/2017
6. Date on which issuer notified:   20/01/2017

7. Threshold(s) that is/are crossed or reached: vi, vii

  3%
 
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   0   0   10,820,098   10,820,098   0   2.3190%   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

                 

 

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%   0.0583%
Call option   22.5   21/12/2018       333,334   0.0714%   0.0578%
Call option   22.5   15/03/2019       333,334   0.0714%   0.0575%
Equity Swaps       11/07/2017       757,241   0.1623%   0.1600%
Equity Swaps       11/07/2017       513,088   0.1100%   0.1084%
Equity Swaps       11/07/2017       106,373   0.0228%   0.0228%
Equity Swaps       11/07/2017       23,956   0.0051%   0.0051%
Equity Swaps       11/07/2017       22,668   0.0049%   0.0049%
Equity Swaps       11/07/2017       10,536   0.0023%   0.0022%
Equity Swaps       11/07/2017       2,248   0.0005%   0.0005%
Equity Swaps       23/10/2019       540,378   0.1158%   0.1158%
Equity Swaps       17/12/2020       1,126,565   0.2414%   0.0842%
Equity Swaps       17/12/2020       923,173   0.1979%   0.0690%
Equity Swaps       17/12/2020       75,625   0.0162%   0.0062%
Equity Swaps       17/12/2020       36,797   0.0079%   0.0030%
Equity Swaps       17/12/2020       17,955   0.0038%    
Equity Swaps- Call Asian cash settled   37.31125   26/06/2017       10,377   0.0022%   0.0022%
Equity Swaps- Call cash settled   28.392826   13/01/2021       1,639,837   0.3514%   0.3514%

 

Total (A+B+C)
Number of voting rights   Percentage of voting rights
17,626,917   3.7778%
 

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 Alternative
  • Amundi Hong Kong
  • Amundi Japan
  • Amundi SGR
  • Credit Agricole Corporate and Investment Bank
  • CPR Asset Management
  • Etoile Gestion
  • SG Gestion
 
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
     
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    
An event changing the breakdown of voting rights    
Other (please specify):    

3. Full name of person(s) subject to the notification obligation: iii

  The Goldman Sachs Group, Inc.

4. Full name of shareholder(s)
(if different from 3.):iv

  Goldman Sachs International

Goldman, Sachs & Co.

Goldman Sachs Asset Management, L.P.

Goldman Sachs Asset Management Co., Ltd.

The Goldman Sachs Trust Company Of Delaware

5. Date of the transaction and date on which the threshold is crossed or reached: v

  24 January 2017
6. Date on which issuer notified:   26 January 2017

7. Threshold(s) that is/are crossed or reached: vi, vii

  Below 3%
 
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

  9,495,953   9,495,953           Below 3%       Below 3%
               
 
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

            Below 3%   Below 3%
 
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   Exercise/ Conversion period   Number of voting rights instrument refers to   % of voting rights xix, xx
          Nominal   Delta
                Below 3%       Below 3%
 
Total (A+B+C)
Number of voting rights   Percentage of voting rights
Below 3%   Below 3%
 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

N/A

 
Proxy Voting:
10. Name of the proxy holder:   N/A

11. Number of voting rights proxy holder will cease to hold:

  N/A

12. Date on which proxy holder will cease to hold voting rights:

  N/A
 

13. Additional information:

 

General email contact:

 

shareholderdisclosures@gs.com

14. Contact name:   Joanna Foley
15. Contact telephone number:  

+44 207 051 9996

 

Source: TechnipFMC plc

TechnipFMC plc