Ascential PLC has announced that JPMorgan Chase & Co. has crossed a threshold in its holdings, resulting in a total of 7.779070% of voting rights in the company. This includes 6.975291% of voting rights attached to shares and 0.803779% of voting rights through financial instruments. The acquisition or disposal of voting rights occurred on 8th March 2024, with the issuer being notified on 12th March 2024.
JPMorgan Chase & Co. holds these voting rights through its subsidiaries, including J.P. Morgan Securities plc and J.P. Morgan Securities LLC. The financial instruments held by JPMorgan Chase & Co. include various cash-settled equity swaps with expiration dates ranging from 2024 to 2031.
The notification also includes details of the chain of controlled undertakings, illustrating the ownership structure through which the voting rights and financial instruments are effectively held. This chain involves several entities under JPMorgan Chase & Co., such as JPMorgan Chase Bank, National Association, J.P. Morgan International Finance Limited, and J.P. Morgan Capital Holdings Limited.
This notification provides transparency regarding the changes in major holdings within Ascential PLC and the entities involved in the acquisition or disposal of voting rights. It offers insights into the ownership structure and the extent of voting rights held by JPMorgan Chase & Co. and its subsidiaries, contributing to a comprehensive understanding of the company's shareholder landscape.