Holding(s) in Company
JPMorgan Chase & Co. has crossed a threshold in Trainline PLC, as notified on October 21, 2025. The resulting situation shows JPMorgan Chase & Co. holding 0.369651% of voting rights attached to shares through indirect voting rights of 1,520,620. Additionally, they hold 4.634824% of voting rights through financial instruments, including 0.003646% (14,999 voting rights) via a Convertible Bond expiring on January 14, 2026, and 4.631178% (19,051,889 voting rights) through cash-settled equity swaps with various expiration dates. The total voting rights held by JPMorgan Chase & Co. in Trainline PLC amount to 5.004475%, representing 20,587,508 voting rights. This crosses a previously held below minimum threshold position.
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Issuer Details
ISIN
GB00BKDTK925
Issuer Name
TRAINLINE PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of voting rights
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
17-Oct-2025
Date on which Issuer notified
21-Oct-2025
- 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 | 0.369651 | 4.634824 | 5.004475 | 20587508 |
| Position of previous notification (if applicable) | Below minimum threshold | Below minimum threshold | Below minimum threshold | |
| 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) |
| GB00BKDTK925 | 1520620 | 0.369651 | ||
| Sub Total 8.A | 1520620 | 0.369651% | ||
| 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 |
| Convertible Bond | 14/01/2026 | 14/01/2026 | 14999 | 0.003646 |
| Sub Total 8.B1 | 14999 | 0.003646% | ||
- 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 | 25/02/2026 | 25/02/2026 | Cash | 2448944 | 0.595321 |
| Cash-settled Equity Swap | 01/04/2026 | 01/04/2026 | Cash | 2244 | 0.000533 |
| Cash-settled Equity Swap | 02/04/2026 | 02/04/2026 | Cash | 1376 | 0.000334 |
| Cash-settled Equity Swap | 09/04/2026 | 09/04/2026 | Cash | 2028139 | 0.492859 |
| Cash-settled Equity Swap | 08/05/2026 | 08/05/2026 | Cash | 2882442 | 0.700702 |
| Cash-settled Equity Swap | 18/05/2026 | 18/05/2026 | Cash | 2723264 | 0.662007 |
| Cash-settled Equity Swap | 21/05/2026 | 21/05/2026 | Cash | 76 | 0.000018 |
| Cash-settled Equity Swap | 17/06/2026 | 17/06/2026 | Cash | 13880 | 0.003373 |
| Cash-settled Equity Swap | 01/07/2026 | 01/07/2026 | Cash | 1810328 | 0.440078 |
| Cash-settled Equity Swap | 06/07/2026 | 06/07/2026 | Cash | 1712213 | 0.416227 |
| Cash-settled Equity Swap | 02/10/2026 | 02/10/2026 | Cash | 142363 | 0.034602 |
| Cash-settled Equity Swap | 15/10/2026 | 15/10/2026 | Cash | 49523 | 0.012037 |
| Cash-settled Equity Swap | 19/10/2026 | 19/10/2026 | Cash | 283 | 0.000068 |
| Cash-settled Equity Swap | 03/11/2026 | 03/11/2026 | Cash | 95565 | 0.023225 |
| Cash-settled Equity Swap | 18/11/2026 | 18/11/2026 | Cash | 1966 | 0.000476 |
| Cash-settled Equity Swap | 02/12/2026 | 02/12/2026 | Cash | 7593 | 0.001843 |
| Cash-settled Equity Swap | 23/12/2026 | 23/12/2026 | Cash | 5049733 | 1.227555 |
| Cash-settled Equity Swap | 04/05/2027 | 04/05/2027 | Cash | 80765 | 0.019632 |
| Cash-settled Equity Swap | 30/05/2028 | 30/05/2028 | Cash | 1192 | 0.000288 |
| Sub Total 8.B2 | 19051889 | 4.631178% |
- 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 | 4.634824 | 4.706947% | |
| JPMorgan Chase & Co. | J.P. Morgan SE | |||
| JPMorgan Chase & Co. | JPMorgan Chase Bank, National Association |
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%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
Date of Completion
21-Oct-2025
Place Of Completion
London
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