JPMorgan Chase Boosts Stake in UK Firm Mitie Group
JPMorgan Chase & Co. has significantly increased its stake in Mitie Group plc (MTO), a UK-based facilities management and professional services firm.
The US financial institution crossed a key shareholding threshold on September 28, 2026, triggering a TR-1 regulatory disclosure filed with Mitie on September 30, 2026.
JPMorgan's total holding now stands at 6.889653% of Mitie's total voting rights, representing 89,673,999 voting rights, up from the prior 6.103880%.
The combined stake includes direct shares held indirectly through J.P. Morgan Securities PLC and cash-settled equity swaps with varying maturities between October 2026 and August 2031.
Cash-settled equity swaps account for the majority of JPMorgan's economic interest in Mitie, constituting 80,577,487 voting rights equivalent or 6.190768% of Mitie's voting capital.