REG - Ceres Power Holdings JPMorgan Chase & Co - Holding(s) in Company

Ceres Power HoldingsAnnouncement

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RNS Number : 4019C  Ceres Power Holdings plc  29 April 2026

CWR.L

Ceres Power Holdings plc

("Ceres Power" or "the Company")

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BG5KQW09

Issuer Name

CERES POWER HOLDINGS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

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

24-Apr-2026

6. Date on which Issuer notified

28-Apr-2026

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  0.878889                                              4.167599                                                                   5.046488                        9831116
 Position of previous notification (if applicable)                          Below Minimum Threshold                               Below Minimum Threshold                                                    Below Minimum Threshold

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)
 GB00BG5KQW09                                                                          1712131                                                                          0.878889
 Sub Total 8.A                                1712131                                                                               0.878889%

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  % of voting rights
                                                                               exercised/converted
 Right to recall shares lent out                                               5380449                                                            2.761909
 Sub Total 8.B1                                                                5380449                                                            2.761909%

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      28/04/2026       28/04/2026                  Cash                         302287                   0.155163
 Cash-settled Equity Swap      30/09/2026       30/09/2026                  Cash                         32362                    0.016611
 Cash-settled Equity Swap      30/11/2026       30/11/2026                  Cash                         2260                     0.001157
 Cash-settled Equity Swap      11/12/2026       11/12/2026                  Cash                         29213                    0.014993
 Cash-settled Equity Swap      18/01/2027       18/01/2027                  Cash                         404000                   0.207382
 Cash-settled Equity Swap      05/04/2027       05/04/2027                  Cash                         72403                    0.037159
 Cash-settled Equity Swap      21/04/2027       21/04/2027                  Cash                         8959                     0.004597
 Cash-settled Equity Swap      27/04/2027       27/04/2027                  Cash                         69335                    0.035585
 Cash-settled Equity Swap      05/05/2027       05/05/2027                  Cash                         169400                   0.086945
 Cash-settled Equity Swap      12/05/2027       12/05/2027                  Cash                         17213                    0.008835
 Cash-settled Equity Swap      20/05/2027       20/05/2027                  Cash                         600751                   0.308379
 Cash-settled Equity Swap      26/05/2027       26/05/2027                  Cash                         335                      0.000171
 Cash-settled Equity Swap      28/05/2027       28/05/2027                  Cash                         1342                     0.000688
 Cash-settled Equity Swap      02/06/2027       02/06/2027                  Cash                         392651                   0.201548
 Cash-settled Equity Swap      15/06/2027       15/06/2027                  Cash                         32310                    0.016585
 Cash-settled Equity Swap      22/10/2027       22/10/2027                  Cash                         1973                     0.001011
 Cash-settled Equity Swap      27/10/2027       27/10/2027                  Cash                         447                      0.000229
 Cash-settled Equity Swap      03/05/2028       03/05/2028                  Cash                         335                      0.000171
 Cash-settled Equity Swap      16/01/2029       16/01/2029                  Cash                         48800                    0.025050
 Cash-settled Equity Swap      03/01/2031       03/01/2031                  Cash                         539560                   0.276965
 Cash-settled Equity Swap      02/05/2031       02/05/2031                  Cash                         12600                    0.006466
 Sub Total 8.B2                                                                                          2738536                  1.405690%

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold
 JPMorgan Chase & Co.         J.P. Morgan Securities plc                                                                                  4.167599                                                                    5.009976%
 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

28-Apr-2026

13. Place Of Completion

London

 

 

For further information visit www.ceres.tech (http://www.ceres.tech/)  or
contact:

 

 Ceres Power Holdings plc                                            Email: investors@cerespower.com

 Merryl Black (Head of Investor Relations and Sustainability)

 Ceres Power Holdings plc                                            Tel: +44 (0)7526 196529

 Dominic Murray (Company Secretary)

About Ceres

Ceres is a leading developer of clean energy technology: fuel cells for power
generation and electrolysers to produce green hydrogen. Its asset-light,
licensing model has seen it establish partnerships with some of the world's
largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax.
Ceres' solid oxide technology supports greater electrification of our energy
systems, including AI data centres, commercial and industrial applications,
and produces green hydrogen at high efficiencies as a route to decarbonise
emissions-intensive industries such as ammonia, steelmaking and electrofuels.
Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is
classified by the LSE Green Economy Mark, which recognises listed companies
that derive more than 50% of their activity from the green economy.

Read more on our website www.ceres.tech
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.

 

 

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