REG - Dowlais Group PLC - Holding(s) in Company

JPMorgan Chase & CoAnnouncement

Yesterday 10:15

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RNS Number : 3211Z  Dowlais Group PLC  15 September 2025

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

10-Sep-2025

6. Date on which Issuer notified

12-Sep-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  5.008985                                              0.737333                                                                   5.746318                        75660203
 Position of previous notification (if applicable)                          5.026720                                              0.738961                                                                   5.765681

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                                                                          65951336                                                                         5.008985
 Sub Total 8.A                                65951336                                                                              5.008985%

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

 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      17/09/2025       17/09/2025                  Cash                         36807                    0.002788
 Cash-settled Equity Swap      02/10/2025       02/10/2025                  Cash                         8283                     0.000626
 Cash-settled Equity Swap      17/10/2025       17/10/2025                  Cash                         23992                    0.001820
 Cash-settled Equity Swap      04/11/2025       04/11/2025                  Cash                         29891                    0.002267
 Cash-settled Equity Swap      19/11/2025       19/11/2025                  Cash                         99515                    0.007553
 Cash-settled Equity Swap      02/12/2025       02/12/2025                  Cash                         30745                    0.002330
 Cash-settled Equity Swap      17/12/2025       17/12/2025                  Cash                         1648513                  0.125198
 Cash-settled Equity Swap      29/12/2025       29/12/2025                  Cash                         829758                   0.063019
 Cash-settled Equity Swap      19/01/2026       19/01/2026                  Cash                         48929                    0.003713
 Cash-settled Equity Swap      03/02/2026       03/02/2026                  Cash                         5461                     0.000414
 Cash-settled Equity Swap      18/02/2026       18/02/2026                  Cash                         16514                    0.001252
 Cash-settled Equity Swap      18/03/2026       18/03/2026                  Cash                         68300                    0.005187
 Cash-settled Equity Swap      05/05/2026       05/05/2026                  Cash                         995                      0.000075
 Cash-settled Equity Swap      18/05/2026       18/05/2026                  Cash                         6440241                  0.489135
 Cash-settled Equity Swap      26/05/2026       26/05/2026                  Cash                         304872                   0.023154
 Cash-settled Equity Swap      02/06/2026       02/06/2026                  Cash                         2230                     0.000168
 Cash-settled Equity Swap      02/07/2026       02/07/2026                  Cash                         6862                     0.000520
 Cash-settled Equity Swap      17/07/2026       17/07/2026                  Cash                         37786                    0.002869
 Cash-settled Equity Swap      04/08/2026       04/08/2026                  Cash                         3948                     0.000298
 Cash-settled Equity Swap      19/08/2026       19/08/2026                  Cash                         19626                    0.001489
 Cash-settled Equity Swap      02/09/2026       02/09/2026                  Cash                         18422                    0.001397
 Cash-settled Equity Swap      03/09/2026       03/09/2026                  Cash                         26937                    0.002044
 Cash-settled Equity Swap      30/05/2028       30/05/2028                  Cash                         240                      0.000017
 Sub Total 8.B2                                                                                          9708867                  0.737333%

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                 4.989671                                                                                                                                                5.727004%
 JPMorgan Chase & Co.         J.P. Morgan SE
 JPMorgan Chase & Co.         JPMorgan Chase Bank, National Association

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%)

12. Date of Completion

12-Sep-2025

13. Place Of Completion

London, United Kingdom

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