TR1: Notification of Major Holdings

Yellow Cake PLC

15 April 2025

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

JE00BF50RG45

Issuer Name

YELLOW CAKE PLC

UK or Non-UK Issuer

Non-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

09-Apr-2025

6. Date on which Issuer notified

11-Apr-2025

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	0.947318	4.113446	5.060764	10975180
Position of previous notification (if applicable)	n/a	n/a	n/a

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)
JE00BF50RG45		2054366		0.947318
Sub Total 8.A	2054366		0.947318%

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
Sub Total 8.B1

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
Cash-settled Equity Swap	03/06/2025	03/06/2025	Cash	573044	0.264249
Cash-settled Equity Swap	07/07/2025	07/07/2025	Cash	19390	0.008937
Cash-settled Equity Swap	05/08/2025	05/08/2025	Cash	17211	0.007933
Cash-settled Equity Swap	27/08/2025	27/08/2025	Cash	53602	0.024711
Cash-settled Equity Swap	09/09/2025	09/09/2025	Cash	331498	0.152860
Cash-settled Equity Swap	17/09/2025	17/09/2025	Cash	876100	0.403998
Cash-settled Equity Swap	30/09/2025	30/09/2025	Cash	1435929	0.662142
Cash-settled Equity Swap	17/10/2025	17/10/2025	Cash	464000	0.213957
Cash-settled Equity Swap	29/10/2025	29/10/2025	Cash	6398	0.002947
Cash-settled Equity Swap	30/10/2025	30/10/2025	Cash	760296	0.350597
Cash-settled Equity Swap	04/11/2025	04/11/2025	Cash	152988	0.070548
Cash-settled Equity Swap	24/11/2025	24/11/2025	Cash	206685	0.095308
Cash-settled Equity Swap	28/11/2025	28/11/2025	Cash	33753	0.015562
Cash-settled Equity Swap	02/12/2025	02/12/2025	Cash	40897	0.018852
Cash-settled Equity Swap	31/12/2025	31/12/2025	Cash	15353	0.007051
Cash-settled Equity Swap	05/01/2026	05/01/2026	Cash	405940	0.187182
Cash-settled Equity Swap	21/01/2026	21/01/2026	Cash	15323	0.007065
Cash-settled Equity Swap	30/01/2026	30/01/2026	Cash	40195	0.018527
Cash-settled Equity Swap	18/02/2026	18/02/2026	Cash	6657	0.003056
Cash-settled Equity Swap	03/03/2026	03/03/2026	Cash	4080	0.001877
Cash-settled Equity Swap	31/03/2026	31/03/2026	Cash	3093	0.001426
Cash-settled Equity Swap	02/04/2026	02/04/2026	Cash	285651	0.131714
Cash-settled Equity Swap	17/04/2026	17/04/2026	Cash	15128	0.006966
Cash-settled Equity Swap	22/04/2026	22/04/2026	Cash	16331	0.007530
Cash-settled Equity Swap	28/04/2026	28/04/2026	Cash	1030065	0.474954
Cash-settled Equity Swap	05/05/2026	05/05/2026	Cash	11612	0.005348
Cash-settled Equity Swap	13/05/2026	13/05/2026	Cash	5030	0.002319
Cash-settled Equity Swap	20/05/2026	20/05/2026	Cash	2311	0.001065
Cash-settled Equity Swap	02/06/2026	02/06/2026	Cash	357	0.000164
Cash-settled Equity Swap	25/08/2026	25/08/2026	Cash	104369	0.048120
Cash-settled Equity Swap	16/10/2026	16/10/2026	Cash	425366	0.196150
Cash-settled Equity Swap	05/05/2027	05/05/2027	Cash	7186	0.003313
Cash-settled Equity Swap	02/02/2029	02/02/2029	Cash	359769	0.165897
Cash-settled Equity Swap	04/06/2029	04/06/2029	Cash	342516	0.157943
Cash-settled Equity Swap	30/07/2029	30/07/2029	Cash	11004	0.005074
Cash-settled Equity Swap	01/08/2029	01/08/2029	Cash	6445	0.002972
Cash-settled Equity Swap	06/08/2029	06/08/2029	Cash	6008	0.002769
Cash-settled Equity Swap	08/08/2029	08/08/2029	Cash	5752	0.002652
Cash-settled Equity Swap	09/08/2029	09/08/2029	Cash	2141	0.000987
Cash-settled Equity Swap	03/12/2029	03/12/2029	Cash	527103	0.243060
Cash-settled Equity Swap	04/04/2030	04/04/2030	Cash	2271	0.001047
Cash-settled Equity Swap	15/11/2030	15/11/2030	Cash	733	0.000338
Cash-settled Equity Swap	09/12/2030	09/12/2030	Cash	16099	0.007422
Cash-settled Equity Swap	11/12/2030	11/12/2030	Cash	2026	0.000934
Cash-settled Equity Swap	12/12/2030	12/12/2030	Cash	4715	0.002174
Cash-settled Equity Swap	13/12/2030	13/12/2030	Cash	10760	0.004961
Cash-settled Equity Swap	16/12/2030	16/12/2030	Cash	18939	0.008733
Cash-settled Equity Swap	18/12/2030	18/12/2030	Cash	29457	0.013583
Cash-settled Equity Swap	19/12/2030	19/12/2030	Cash	21842	0.010071
Cash-settled Equity Swap	20/12/2030	20/12/2030	Cash	15580	0.007183
Cash-settled Equity Swap	23/12/2030	23/12/2030	Cash	18844	0.008689
Cash-settled Equity Swap	13/01/2031	13/01/2031	Cash	1600	0.000737
Cash-settled Equity Swap	16/01/2031	16/01/2031	Cash	877	0.000404
Cash-settled Equity Swap	23/01/2031	23/01/2031	Cash	1035	0.000477
Cash-settled Equity Swap	24/01/2031	24/01/2031	Cash	837	0.000385
Cash-settled Equity Swap	27/01/2031	27/01/2031	Cash	873	0.000402
Cash-settled Equity Swap	06/02/2031	06/02/2031	Cash	8936	0.004120
Cash-settled Equity Swap	13/02/2031	13/02/2031	Cash	1654	0.000762
Cash-settled Equity Swap	04/04/2031	04/04/2031	Cash	12513	0.005770
Cash-settled Equity Swap	08/01/2032	08/01/2032	Cash	18109	0.008349
Cash-settled Equity Swap	09/01/2032	09/01/2032	Cash	17267	0.007962
Cash-settled Equity Swap	12/01/2032	12/01/2032	Cash	10676	0.004923
Cash-settled Equity Swap	13/01/2032	13/01/2032	Cash	8897	0.004102
Cash-settled Equity Swap	08/03/2032	08/03/2032	Cash	21932	0.010112
Cash-settled Equity Swap	10/03/2032	10/03/2032	Cash	23813	0.010980
Cash-settled Equity Swap	11/03/2032	11/03/2032	Cash	23953	0.011044
Sub Total 8.B2				8920814	4.113446%

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		4.113446	5.045769%
JPMorgan Chase & Co.	J.P. Morgan Securities LLC
JPMorgan Chase & Co.	J.P. Morgan SE

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 (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)

12. Date of Completion

11-Apr-2025

13. Place Of Completion

London

 

END