Holding(s) in Company
JPMorgan Chase & Co. has notified Ceres Power Holdings plc of a change in its major holding, with its total voting rights and financial instruments now standing at 5.140133% as of May 1, 2026, a slight decrease from its previous holding of 5.155837%. This change is primarily due to a reduction in direct voting rights attached to shares, which fell to 1.475530% from 2.508040%, while holdings through financial instruments increased to 3.664603%. The notification details various cash-settled equity swaps with expiration dates extending to 2031, contributing to the overall holding.
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Issuer Details
ISIN
GB00BG5KQW09
Issuer Name
CERES POWER HOLDINGS PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of financial instruments
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
Details of the shareholder
| Name | City of registered office | Country of registered office |
J.P. Morgan Securities plc
Date on which the threshold was crossed or reached
01-May-2026
Date on which Issuer notified
05-May-2026
- 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 | 1.475530 | 3.664603 | 5.140133 | 10025201 |
| Position of previous notification (if applicable) | 2.508040 | 2.647797 | 5.155837 | |
| 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) |
| GB00BG5KQW09 | 2877808 | 1.475530 | ||
| Sub Total 8.A | 2877808 | 1.475530% | ||
| 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 |
| Right to recall shares lent out | 3990878 | 2.046228 | ||
| Sub Total 8.B1 | 3990878 | 2.046228% | ||
- 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 | 30/09/2026 | 30/09/2026 | Cash | 32362 | 0.016592 |
| Cash-settled Equity Swap | 11/12/2026 | 11/12/2026 | Cash | 29213 | 0.014974 |
| Cash-settled Equity Swap | 18/01/2027 | 18/01/2027 | Cash | 404000 | 0.207141 |
| Cash-settled Equity Swap | 05/04/2027 | 05/04/2027 | Cash | 35190 | 0.018042 |
| Cash-settled Equity Swap | 21/04/2027 | 21/04/2027 | Cash | 8036 | 0.004120 |
| Cash-settled Equity Swap | 27/04/2027 | 27/04/2027 | Cash | 69007 | 0.035379 |
| Cash-settled Equity Swap | 28/04/2027 | 28/04/2027 | Cash | 282180 | 0.144673 |
| Cash-settled Equity Swap | 05/05/2027 | 05/05/2027 | Cash | 155600 | 0.079768 |
| Cash-settled Equity Swap | 12/05/2027 | 12/05/2027 | Cash | 17213 | 0.008825 |
| Cash-settled Equity Swap | 20/05/2027 | 20/05/2027 | Cash | 600751 | 0.308020 |
| Cash-settled Equity Swap | 28/05/2027 | 28/05/2027 | Cash | 1080 | 0.000553 |
| Cash-settled Equity Swap | 02/06/2027 | 02/06/2027 | Cash | 206234 | 0.105732 |
| Cash-settled Equity Swap | 15/06/2027 | 15/06/2027 | Cash | 291020 | 0.149211 |
| Cash-settled Equity Swap | 22/10/2027 | 22/10/2027 | Cash | 2683 | 0.001373 |
| Cash-settled Equity Swap | 27/10/2027 | 27/10/2027 | Cash | 5165 | 0.002647 |
| Cash-settled Equity Swap | 08/11/2027 | 08/11/2027 | Cash | 341028 | 0.174853 |
| Cash-settled Equity Swap | 16/01/2029 | 16/01/2029 | Cash | 48800 | 0.025021 |
| Cash-settled Equity Swap | 03/01/2031 | 03/01/2031 | Cash | 621481 | 0.318646 |
| Cash-settled Equity Swap | 02/05/2031 | 02/05/2031 | Cash | 5472 | 0.002805 |
| Sub Total 8.B2 | 3156515 | 1.618375% |
- Information in relation to the person subject to the notification obligation
| 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 | 3.664603 | 5.065208% | |
| JPMorgan Chase & Co. | J.P. Morgan SE |
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
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%)
Date of Completion
05-May-2026
Place Of Completion
London
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