JPMorgan Raises Stake in MITIE Group to Over 7 Percent

JPMorgan Chase & Co. has increased its stake in MITIE Group PLC, crossing a significant threshold in voting rights as of September 30, 2026. The financial giant now holds 7.06% of the voting rights in the UK-based support services company, up from a previous holding of 6.89%. This increase includes both direct shares and financial instruments, such as cash-settled equity swaps, which contribute to the overall voting power.

The notification, filed on October 2, 2026, details the breakdown of JPMorgan's holdings. The company directly owns 11,461,611 shares, representing 0.88% of the voting rights. Additionally, various financial instruments, primarily cash-settled equity swaps, account for 6.18% of the voting rights. These instruments have expiration dates ranging from October 2026 to May 2028, with varying conversion periods.

The chain of controlled undertakings through which JPMorgan holds these voting rights includes several subsidiaries, such as J.P. Morgan Securities PLC and J.P. Morgan Securities LLC. The ultimate controlling entity is JPMorgan Chase & Co., which oversees the entire structure. This filing is part of standard regulatory requirements for notifications of major holdings in UK-listed companies.