JPMorgan Chase & Co. disclosed an increase in its stake in Pinewood Technologies Group PLC to 6.164% from 5.496%, crossing the regulatory threshold on August 24 and notifying the London Stock Exchange on August 26.
The expanded position comprises 3.608% in direct voting rights and 2.557% through financial instruments, representing a total of 7,095,194 shares. Direct voting rights are held through J.P. Morgan Securities PLC, covering 4,152,314 shares.
The financial instruments consist entirely of cash-settled equity swaps with maturity dates spanning from September 30, 2026 to July 25, 2033. Among the largest positions, swaps covering 633,222 voting rights (0.550%) expire on October 4, 2027, while another covering 461,212 voting rights (0.401%) matures on April 30, 2029. A third position of 325,000 voting rights expires on July 7, 2027.
JPMorgan’s previous disclosure on May 24 indicated a 5.496% total stake, split between 3.284% in voting rights and 2.212% via financial instruments. The investment is managed through subsidiaries including JPMorgan Chase Bank, National Association, J.P. Morgan International Finance Limited, and J.P. Morgan Capital Holdings Limited, the latter of which owns J.P. Morgan Securities PLC.
Pinewood Technologies Group PLC shares trade under ISIN GB00BSB7BS06. The disclosure was made via a press release filed with the London Stock Exchange’s Regulatory News Service.
