Trident Royalties PLC Announces Holding(s) in Company
Rhea-AI Summary
Trident Royalties PLC (TDTRF) announced a significant change in its shareholding structure. JPMorgan Chase & Co. has crossed the 5% threshold of voting rights in the company, now holding 5.067655% of the total voting rights. This change occurred on August 5, 2024, with the issuer notified on August 7, 2024. The total number of voting rights held by JPMorgan Chase & Co. is 14,852,264.
The majority of these voting rights are held through J.P. Morgan Securities plc, which accounts for 4.999945% of the total. The notification also includes details of the chain of controlled undertakings through which the voting rights are held, starting from JPMorgan Chase & Co. down to its subsidiaries.
Positive
- JPMorgan Chase & Co. has acquired a significant stake (5.067655%) in Trident Royalties PLC
- The acquisition indicates potential institutional investor confidence in Trident Royalties PLC
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TDTRF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONDON, UNITED KINGDOM / ACCESSWIRE / August 7, 2024 / TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BF7J2535
Issuer Name
TRIDENT ROYALTIES 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
05-Aug-2024
6. Date on which Issuer notified
07-Aug-2024
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 | 5.067655 | 0.000000 | 5.067655 | 14852264 |
Position of previous notification (if applicable) | Below Minimum Threshold | Below Minimum Threshold | Below Minimum Threshold |
|
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) |
GB00BF7J2535 |
| 14852264 |
| 5.067655 |
Sub Total 8.A | 14852264 | |||
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 exercised/converted | % of voting rights |
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Sub Total 8.B1 |
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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 |
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Sub Total 8.B2 |
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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 than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
JPMorgan Chase & Co. | J.P. Morgan Securities plc | 4.999945 |
| |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC |
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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 (
J.P. Morgan International Finance Limited (
J.P. Morgan Capital Holdings Limited (
J.P. Morgan Securities plc (
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (
J.P. Morgan Broker-Dealer Holdings Inc. (
J.P. Morgan Securities LLC (
12. Date of Completion
07-Aug-2024
13. Place Of Completion
London, United Kingdom
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
View the original press release on accesswire.com
FAQ
What percentage of voting rights does JPMorgan Chase & Co. now hold in Trident Royalties PLC (TDTRF)?
When did JPMorgan Chase & Co. cross the 5% threshold in Trident Royalties PLC (TDTRF)?
How many voting rights does JPMorgan Chase & Co. hold in Trident Royalties PLC (TDTRF)?
Which JPMorgan Chase & Co. subsidiary holds the majority of voting rights in Trident Royalties PLC (TDTRF)?
