Intel stock spikes after report of possible US government stake
LONDON - JPMorgan Chase & Co. (NYSE:JPM) has increased its total holding in Alpha Group International PLC to 6.18% of voting rights, according to a regulatory filing released Monday.
The U.S. banking giant crossed the notification threshold on August 7, with the formal disclosure made to the company on August 11. The updated position represents an increase from JPMorgan’s previous 5.76% stake in the UK-based financial services firm.
The new holding consists of 2.54% in direct voting rights attached to shares, amounting to 1,076,601 shares, and 3.64% through financial instruments, primarily cash-settled equity swaps with various expiration dates ranging from November 2025 to October 2026.
The largest positions through financial instruments include a cash-settled equity swap expiring May 8, 2026, representing 1.67% of voting rights, and another expiring December 29, 2025, accounting for 1.01% of voting rights.
According to the filing, the stake is held through J.P. Morgan Securities plc, a controlled undertaking of JPMorgan Chase & Co.
The disclosure was made in accordance with UK regulatory requirements, which mandate investors to report when their holdings cross certain thresholds. The notification was submitted using the standard TR-1 form for major holdings notifications required by the Financial Conduct Authority.
Alpha Group International PLC is listed on the London Stock Exchange (LON:LSEG) with the ISIN code GB00BF1TM596.
This information is based on a regulatory filing statement submitted to the London Stock Exchange’s news service.
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