Ascential PLC received a notification of major holdings from JPMorgan Chase & Co. on February 13, 2024. JPMorgan Chase & Co. disclosed an increase in their voting rights in Ascential PLC to 7.001476%, up from 6.272786% in the previous notification. This increase was attributed to the acquisition of voting rights, with 6.075269% from direct voting rights and 0.926207% through financial instruments.
The notification also detailed the financial instruments held by J.P. Morgan Securities plc, including cash-settled equity swaps with various expiration dates and settlement periods. The total number of voting rights held in Ascential PLC by JPMorgan Chase & Co. was reported as 31,162,307.
The notification further outlined the chain of controlled undertakings, with J.P. Morgan Securities plc being a controlled undertaking of JPMorgan Chase & Co., which holds the voting rights and financial instruments. Additionally, it provided information on the controlled undertakings under JPMorgan Chase & Co., including JPMorgan Chase Bank, National Association, J.P. Morgan International Finance Limited, and J.P. Morgan Capital Holdings Limited.
This notification is essential for stakeholders and investors of Ascential PLC as it provides insight into the changes in major holdings within the company. It also offers transparency regarding the entities and financial instruments involved in the acquisition of voting rights, contributing to a comprehensive understanding of the company's ownership structure.