Stocks
JPMorgan Chase Surpasses 4% Threshold in PineWood Technologies Group PLC Holdings
PineWood Technologies Group PLC has announced that JPMorgan Chase & Co. has crossed a major threshold in its holdings of the company's shares.
The company's TR-1 form, filed with the UK's National Storage Mechanism on September 10, indicates that JPMorgan Chase & Co. now holds 4.38% of PineWood Technologies Group PLC's voting rights, up from 4.00% in its previous notification.
JPMorgan Chase & Co.'s increased holding is due to a combination of direct and indirect voting rights, including cash-settled equity swaps with various expiration dates between July 2031 and May 2028.