RNS Number : 4615N
Dowlais Group PLC
02 January 2026
Dowlais Group plc
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMWRZ071
Issuer Name
DOWLAIS GROUP PLC
UK or Non-UK Issuer
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
29-Dec-2025
6. Date on which Issuer notified
31-Dec-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
2.969106
4.522228
7.491334
98635341
Position of previous notification (if applicable)
3.036599
4.523864
7.560463
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)
GB00BMWRZ071
39092996
2.969106
Sub Total 8.A
39092996
2.969106%
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
19/01/2026
19/01/2026
Cash
48929
0.003716
Cash-settled Equity Swap
03/02/2026
03/02/2026
Cash
5461
0.000415
Cash-settled Equity Swap
18/02/2026
18/02/2026
Cash
16514
0.001254
Cash-settled Equity Swap
18/03/2026
18/03/2026
Cash
228300
0.017339
Cash-settled Equity Swap
05/05/2026
05/05/2026
Cash
995
0.000076
Cash-settled Equity Swap
18/05/2026
18/05/2026
Cash
12216831
0.927866
Cash-settled Equity Swap
26/05/2026
26/05/2026
Cash
117636
0.008934
Cash-settled Equity Swap
02/06/2026
02/06/2026
Cash
2230
0.000169
Cash-settled Equity Swap
18/06/2026
18/06/2026
Cash
5796366
0.440233
Cash-settled Equity Swap
02/07/2026
02/07/2026
Cash
6862
0.000521
Cash-settled Equity Swap
06/07/2026
06/07/2026
Cash
7531495
0.572016
Cash-settled Equity Swap
17/07/2026
17/07/2026
Cash
99392
0.007549
Cash-settled Equity Swap
04/08/2026
04/08/2026
Cash
3948
0.000300
Cash-settled Equity Swap
10/08/2026
10/08/2026
Cash
8144554
0.618577
Cash-settled Equity Swap
19/08/2026
19/08/2026
Cash
17805
0.001352
Cash-settled Equity Swap
20/08/2026
20/08/2026
Cash
6906227
0.524527
Cash-settled Equity Swap
02/09/2026
02/09/2026
Cash
18422
0.001399
Cash-settled Equity Swap
17/09/2026
17/09/2026
Cash
36807
0.002795
Cash-settled Equity Swap
22/09/2026
22/09/2026
Cash
4113614
0.312428
Cash-settled Equity Swap
02/10/2026
02/10/2026
Cash
8283
0.000629
Cash-settled Equity Swap
19/10/2026
19/10/2026
Cash
23992
0.001822
Cash-settled Equity Swap
03/11/2026
03/11/2026
Cash
29891
0.002270
Cash-settled Equity Swap
02/12/2026
02/12/2026
Cash
30745
0.002335
Cash-settled Equity Swap
17/12/2026
17/12/2026
Cash
127094
0.009653
Cash-settled Equity Swap
23/12/2026
23/12/2026
Cash
13995029
1.062920
Cash-settled Equity Swap
02/02/2027
02/02/2027
Cash
14683
0.001115
Cash-settled Equity Swap
30/05/2028
30/05/2028
Cash
240
0.000018
Sub Total 8.B2
59542345
4.522228%
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
4.522228
7.471056%
JPMorgan Chase & Co.
J.P. Morgan SE
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association
JPMorgan Chase & Co.
J.P. Morgan Securities LLC
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%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)
12. Date of Completion
31-Dec-2025
13. Place Of Completion
London
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