3rd Jun 2025 08:50
Dowlais Group plc
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMWRZ071
Issuer Name
DOWLAIS GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
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
29-May-2025
6. Date on which Issuer notified
02-Jun-2025
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 | 4.406271 | 0.894670 | 5.300941 | 71273420 |
Position of previous notification (if applicable) |
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) |
GB00BMWRZ071 | 59243449 | 4.406271 | ||
Sub Total 8.A | 59243449 | 4.406271% | ||
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 | 18/09/2025 | 18/09/2025 | Cash | 829758 | 0.061713 |
Cash-settled Equity Swap | 14/11/2025 | 14/11/2025 | Cash | 6440241 | 0.478997 |
Cash-settled Equity Swap | 16/12/2025 | 16/12/2025 | Cash | 1620934 | 0.120558 |
Cash-settled Equity Swap | 03/02/2026 | 03/02/2026 | Cash | 5461 | 0.000404 |
Cash-settled Equity Swap | 05/05/2026 | 05/05/2026 | Cash | 995 | 0.000074 |
Cash-settled Equity Swap | 30/05/2028 | 30/05/2028 | Cash | 240 | 0.000017 |
Cash-settled Equity Swap | 19/08/2025 | 19/08/2025 | Cash | 17805 | 0.001323 |
Cash-settled Equity Swap | 17/06/2025 | 17/06/2025 | Cash | 0 | 0.000000 |
Cash-settled Equity Swap | 19/05/2026 | 19/05/2026 | Cash | 343 | 0.000025 |
Cash-settled Equity Swap | 17/07/2026 | 17/07/2026 | Cash | 58063 | 0.004316 |
Cash-settled Equity Swap | 18/03/2026 | 18/03/2026 | Cash | 146900 | 0.010925 |
Cash-settled Equity Swap | 02/07/2025 | 02/07/2025 | Cash | 6862 | 0.000509 |
Cash-settled Equity Swap | 04/08/2025 | 04/08/2025 | Cash | 3948 | 0.000293 |
Cash-settled Equity Swap | 19/11/2025 | 19/11/2025 | Cash | 99515 | 0.007395 |
Cash-settled Equity Swap | 17/10/2025 | 17/10/2025 | Cash | 23992 | 0.001781 |
Cash-settled Equity Swap | 02/12/2025 | 02/12/2025 | Cash | 30745 | 0.002281 |
Cash-settled Equity Swap | 02/09/2025 | 02/09/2025 | Cash | 18422 | 0.001367 |
Cash-settled Equity Swap | 04/11/2025 | 04/11/2025 | Cash | 29891 | 0.002220 |
Cash-settled Equity Swap | 18/02/2026 | 18/02/2026 | Cash | 16514 | 0.001227 |
Cash-settled Equity Swap | 02/10/2025 | 02/10/2025 | Cash | 8283 | 0.000614 |
Cash-settled Equity Swap | 17/12/2025 | 17/12/2025 | Cash | 27579 | 0.002048 |
Cash-settled Equity Swap | 03/06/2025 | 03/06/2025 | Cash | 2230 | 0.000164 |
Cash-settled Equity Swap | 17/09/2025 | 17/09/2025 | Cash | 36807 | 0.002732 |
Cash-settled Equity Swap | 19/01/2026 | 19/01/2026 | Cash | 48929 | 0.003636 |
Cash-settled Equity Swap | 26/05/2026 | 26/05/2026 | Cash | 2131038 | 0.158496 |
Cash-settled Equity Swap | 06/05/2026 | 06/05/2026 | Cash | 21469 | 0.001588 |
Cash-settled Equity Swap | 26/10/2026 | 26/10/2026 | Cash | 401970 | 0.029890 |
Cash-settled Equity Swap | 02/07/2026 | 02/07/2026 | Cash | 1037 | 0.000077 |
Sub Total 8.B2 | 12029971 | 0.894670% | |||
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 | 4.387351 | 5.282021% | |
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
02-Jun-2025
13. Place Of Completion
London, United Kingdom
Related Shares:
Dowlais