JPMorgan Asset Management Holdings Inc. has acquired voting rights in Card Factory PLC. The acquisition took place on August 22, 2023, and was notified to the issuer on August 24, 2023. JPMorgan Asset Management (UK) Limited, a subsidiary of JPMorgan Asset Management Holdings Inc., holds the voting rights. The total voting rights held by JPMorgan Asset Management Holdings Inc. amount to 5.440313% of the total number of voting rights in Card Factory PLC, which is 18,650,368.

The voting rights are held through both direct and indirect holdings. JPMorgan Asset Management (UK) Limited holds 17,633,209 direct voting rights, representing 5.143608% of the total voting rights. In addition, JPMorgan Asset Management Holdings Inc. holds financial instruments in the form of cash-settled equity swaps, which grant it the right to acquire 1,017,159 voting rights, representing 0.296705% of the total voting rights.

JPMorgan Asset Management Holdings Inc. is the ultimate controlling entity, and it controls JPMorgan Asset Management (UK) Limited, which holds the voting rights. JPMorgan Asset Management Holdings Inc. also controls other entities, including J.P. Morgan Investment Management Inc., JPMorgan Asset Management (China) Company Limited, JPMorgan Asset Management (Asia) Inc., and JPMorgan Asset Management (Taiwan) Limited.

No information is provided regarding proxy voting or the date until which the voting rights will be held. The notification also includes additional information about the chain of controlled undertakings within JPMorgan Asset Management Holdings Inc.

The completion date of the acquisition is August 24, 2023, and the place of completion is not specified.