TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BDFGHW41
Issuer Name
BAILLIE GIFFORD US GROWTH TRUST PLC (USA)
Legal Entity Identifier: 213800UM1OUWXZPKE539
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
| Name | City of registered office | Country of registered office |
| J.P. Morgan Securities plc | | |
5. Date on which the threshold was crossed or reached
13-Nov-2024
6. Date on which Issuer notified
15-Nov-2024
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 held in issuer | |
| Resulting situation on the date on which threshold was crossed or reached | 3.363359 | 3.744399 | 7.107758 | 20378215 |
| Position of previous notification (if applicable) | 3.304429 | 3.344425 | 6.648854 | |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BDFGHW41 | | 9642865 | | 3.363359 |
| Sub Total 8.A | 9642865 | 3.363359% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
|
| | | | |
| Sub Total 8.B1 | | | | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Cash-settled Equity Swap | 19/02/2025 | 19/02/2025 | Cash | 23397 | 0.008160 |
| Cash-settled Equity Swap | 19/03/2025 | 19/03/2025 | Cash | 3959748 | 1.381126 |
| Cash-settled Equity Swap | 05/08/2025 | 05/08/2025 | Cash | 1679256 | 0.585711 |
| Cash-settled Equity Swap | 13/08/2025 | 13/08/2025 | Cash | 2639832 | 0.920752 |
| Cash-settled Equity Swap | 18/09/2025 | 18/09/2025 | Cash | 2390766 | 0.833880 |
| Cash-settled Equity Swap | 05/01/2026 | 05/01/2026 | Cash | 42351 | 0.014770 |
| Sub Total 8.B2 | | 10735350 | 3.744399% | ||
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % 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. | J.P. Morgan Securities plc | 3.363359 | 3.744399 | 7.107758% |
| JPMorgan Chase & Co. | J.P. Morgan SE | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
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.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)
12. Date of Completion
15-Nov-2024
13. Place Of Completion
London, United Kingdom
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