JPMorgan Cuts Pinewood Technologies Group Stake Amid Regulatory Filings
JPMorgan has made adjustments to its stake in Pinewood Technologies Group PLC ( ). According to a regulatory filing, the financial institution's total holdings in the automotive software company have decreased to 6.072285% from 6.164377%. The reduction is attributed to a decrease in voting rights attached to shares and voting rights through financial instruments.
JPMorgan holds direct voting rights in Pinewood Technologies Group, amounting to 4,105,346. Additionally, the firm maintains positions through cash-settled equity swaps with expiration dates ranging from September 2026 to July 2033, representing 2,883,851 voting rights. The total holdings represent 6,989,197 voting rights in Pinewood Technologies Group.
J.P. Morgan Securities PLC holds 5.979493% of the combined voting rights and financial instruments position. This is controlled through JPMorgan Chase & Co.'s subsidiaries, including JPMorgan Chase Bank, National Association, J.P. Morgan International Finance Limited, and J.P. Morgan Capital Holdings Limited.