15th Apr 2025 11:15
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
JE00BF50RG45
Issuer Name
YELLOW CAKE PLC
UK or Non-UK Issuer
Non-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
09-Apr-2025
6. Date on which Issuer notified
11-Apr-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 | 0.947318 | 4.113446 | 5.060764 | 10975180 |
Position of previous notification (if applicable) | n/a | n/a | n/a |
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) |
JE00BF50RG45 | 2054366 | 0.947318 | ||
Sub Total 8.A | 2054366 | 0.947318% | ||
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 | 03/06/2025 | 03/06/2025 | Cash | 573044 | 0.264249 |
Cash-settled Equity Swap | 07/07/2025 | 07/07/2025 | Cash | 19390 | 0.008937 |
Cash-settled Equity Swap | 05/08/2025 | 05/08/2025 | Cash | 17211 | 0.007933 |
Cash-settled Equity Swap | 27/08/2025 | 27/08/2025 | Cash | 53602 | 0.024711 |
Cash-settled Equity Swap | 09/09/2025 | 09/09/2025 | Cash | 331498 | 0.152860 |
Cash-settled Equity Swap | 17/09/2025 | 17/09/2025 | Cash | 876100 | 0.403998 |
Cash-settled Equity Swap | 30/09/2025 | 30/09/2025 | Cash | 1435929 | 0.662142 |
Cash-settled Equity Swap | 17/10/2025 | 17/10/2025 | Cash | 464000 | 0.213957 |
Cash-settled Equity Swap | 29/10/2025 | 29/10/2025 | Cash | 6398 | 0.002947 |
Cash-settled Equity Swap | 30/10/2025 | 30/10/2025 | Cash | 760296 | 0.350597 |
Cash-settled Equity Swap | 04/11/2025 | 04/11/2025 | Cash | 152988 | 0.070548 |
Cash-settled Equity Swap | 24/11/2025 | 24/11/2025 | Cash | 206685 | 0.095308 |
Cash-settled Equity Swap | 28/11/2025 | 28/11/2025 | Cash | 33753 | 0.015562 |
Cash-settled Equity Swap | 02/12/2025 | 02/12/2025 | Cash | 40897 | 0.018852 |
Cash-settled Equity Swap | 31/12/2025 | 31/12/2025 | Cash | 15353 | 0.007051 |
Cash-settled Equity Swap | 05/01/2026 | 05/01/2026 | Cash | 405940 | 0.187182 |
Cash-settled Equity Swap | 21/01/2026 | 21/01/2026 | Cash | 15323 | 0.007065 |
Cash-settled Equity Swap | 30/01/2026 | 30/01/2026 | Cash | 40195 | 0.018527 |
Cash-settled Equity Swap | 18/02/2026 | 18/02/2026 | Cash | 6657 | 0.003056 |
Cash-settled Equity Swap | 03/03/2026 | 03/03/2026 | Cash | 4080 | 0.001877 |
Cash-settled Equity Swap | 31/03/2026 | 31/03/2026 | Cash | 3093 | 0.001426 |
Cash-settled Equity Swap | 02/04/2026 | 02/04/2026 | Cash | 285651 | 0.131714 |
Cash-settled Equity Swap | 17/04/2026 | 17/04/2026 | Cash | 15128 | 0.006966 |
Cash-settled Equity Swap | 22/04/2026 | 22/04/2026 | Cash | 16331 | 0.007530 |
Cash-settled Equity Swap | 28/04/2026 | 28/04/2026 | Cash | 1030065 | 0.474954 |
Cash-settled Equity Swap | 05/05/2026 | 05/05/2026 | Cash | 11612 | 0.005348 |
Cash-settled Equity Swap | 13/05/2026 | 13/05/2026 | Cash | 5030 | 0.002319 |
Cash-settled Equity Swap | 20/05/2026 | 20/05/2026 | Cash | 2311 | 0.001065 |
Cash-settled Equity Swap | 02/06/2026 | 02/06/2026 | Cash | 357 | 0.000164 |
Cash-settled Equity Swap | 25/08/2026 | 25/08/2026 | Cash | 104369 | 0.048120 |
Cash-settled Equity Swap | 16/10/2026 | 16/10/2026 | Cash | 425366 | 0.196150 |
Cash-settled Equity Swap | 05/05/2027 | 05/05/2027 | Cash | 7186 | 0.003313 |
Cash-settled Equity Swap | 02/02/2029 | 02/02/2029 | Cash | 359769 | 0.165897 |
Cash-settled Equity Swap | 04/06/2029 | 04/06/2029 | Cash | 342516 | 0.157943 |
Cash-settled Equity Swap | 30/07/2029 | 30/07/2029 | Cash | 11004 | 0.005074 |
Cash-settled Equity Swap | 01/08/2029 | 01/08/2029 | Cash | 6445 | 0.002972 |
Cash-settled Equity Swap | 06/08/2029 | 06/08/2029 | Cash | 6008 | 0.002769 |
Cash-settled Equity Swap | 08/08/2029 | 08/08/2029 | Cash | 5752 | 0.002652 |
Cash-settled Equity Swap | 09/08/2029 | 09/08/2029 | Cash | 2141 | 0.000987 |
Cash-settled Equity Swap | 03/12/2029 | 03/12/2029 | Cash | 527103 | 0.243060 |
Cash-settled Equity Swap | 04/04/2030 | 04/04/2030 | Cash | 2271 | 0.001047 |
Cash-settled Equity Swap | 15/11/2030 | 15/11/2030 | Cash | 733 | 0.000338 |
Cash-settled Equity Swap | 09/12/2030 | 09/12/2030 | Cash | 16099 | 0.007422 |
Cash-settled Equity Swap | 11/12/2030 | 11/12/2030 | Cash | 2026 | 0.000934 |
Cash-settled Equity Swap | 12/12/2030 | 12/12/2030 | Cash | 4715 | 0.002174 |
Cash-settled Equity Swap | 13/12/2030 | 13/12/2030 | Cash | 10760 | 0.004961 |
Cash-settled Equity Swap | 16/12/2030 | 16/12/2030 | Cash | 18939 | 0.008733 |
Cash-settled Equity Swap | 18/12/2030 | 18/12/2030 | Cash | 29457 | 0.013583 |
Cash-settled Equity Swap | 19/12/2030 | 19/12/2030 | Cash | 21842 | 0.010071 |
Cash-settled Equity Swap | 20/12/2030 | 20/12/2030 | Cash | 15580 | 0.007183 |
Cash-settled Equity Swap | 23/12/2030 | 23/12/2030 | Cash | 18844 | 0.008689 |
Cash-settled Equity Swap | 13/01/2031 | 13/01/2031 | Cash | 1600 | 0.000737 |
Cash-settled Equity Swap | 16/01/2031 | 16/01/2031 | Cash | 877 | 0.000404 |
Cash-settled Equity Swap | 23/01/2031 | 23/01/2031 | Cash | 1035 | 0.000477 |
Cash-settled Equity Swap | 24/01/2031 | 24/01/2031 | Cash | 837 | 0.000385 |
Cash-settled Equity Swap | 27/01/2031 | 27/01/2031 | Cash | 873 | 0.000402 |
Cash-settled Equity Swap | 06/02/2031 | 06/02/2031 | Cash | 8936 | 0.004120 |
Cash-settled Equity Swap | 13/02/2031 | 13/02/2031 | Cash | 1654 | 0.000762 |
Cash-settled Equity Swap | 04/04/2031 | 04/04/2031 | Cash | 12513 | 0.005770 |
Cash-settled Equity Swap | 08/01/2032 | 08/01/2032 | Cash | 18109 | 0.008349 |
Cash-settled Equity Swap | 09/01/2032 | 09/01/2032 | Cash | 17267 | 0.007962 |
Cash-settled Equity Swap | 12/01/2032 | 12/01/2032 | Cash | 10676 | 0.004923 |
Cash-settled Equity Swap | 13/01/2032 | 13/01/2032 | Cash | 8897 | 0.004102 |
Cash-settled Equity Swap | 08/03/2032 | 08/03/2032 | Cash | 21932 | 0.010112 |
Cash-settled Equity Swap | 10/03/2032 | 10/03/2032 | Cash | 23813 | 0.010980 |
Cash-settled Equity Swap | 11/03/2032 | 11/03/2032 | Cash | 23953 | 0.011044 |
Sub Total 8.B2 | 8920814 | 4.113446% | |||
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 | 4.113446 | 5.045769% | |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC | |||
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 Holdings LLC (100%)J.P. Morgan Broker-Dealer Holdings Inc. (100%)J.P. Morgan Securities LLC (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
11-Apr-2025
13. Place Of Completion
London
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Yellow Cake