TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B128J450
Issuer Name
IP GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments
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
01-Dec-2025
6. Date on which Issuer notified
03-Dec-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 | 0.001445 | 5.159827 | 5.161272 | 45596437 |
| Position of previous notification (if applicable) | | | | |
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) |
| GB00B128J450 | | 12772 | | 0.001445 |
| Sub Total 8.A | 12772 | 0.001445% | ||
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 |
| Right to recall shares lent out | | | 11455055 | 1.296657 |
| Sub Total 8.B1 | | 11455055 | 1.296657% | |
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 | 08/01/2026 | 08/01/2026 | Cash | 308601 | 0.034932 |
| Cash-settled Equity Swap | 03/02/2026 | 03/02/2026 | Cash | 814900 | 0.092241 |
| Cash-settled Equity Swap | 09/04/2026 | 09/04/2026 | Cash | 1594256 | 0.180462 |
| Cash-settled Equity Swap | 08/05/2026 | 08/05/2026 | Cash | 156299 | 0.017689 |
| Cash-settled Equity Swap | 18/05/2026 | 18/05/2026 | Cash | 10749270 | 1.216767 |
| Cash-settled Equity Swap | 06/07/2026 | 06/07/2026 | Cash | 1589790 | 0.179957 |
| Cash-settled Equity Swap | 10/08/2026 | 10/08/2026 | Cash | 10980805 | 1.242977 |
| Cash-settled Equity Swap | 23/09/2026 | 23/09/2026 | Cash | 3735989 | 0.422892 |
| Cash-settled Equity Swap | 05/10/2026 | 05/10/2026 | Cash | 27548 | 0.003117 |
| Cash-settled Equity Swap | 16/10/2026 | 16/10/2026 | Cash | 453792 | 0.051366 |
| Cash-settled Equity Swap | 03/11/2026 | 03/11/2026 | Cash | 2616452 | 0.296167 |
| Cash-settled Equity Swap | 02/12/2026 | 02/12/2026 | Cash | 9317 | 0.001054 |
| Cash-settled Equity Swap | 05/01/2027 | 05/01/2027 | Cash | 670247 | 0.075866 |
| Cash-settled Equity Swap | 24/03/2027 | 24/03/2027 | Cash | 62747 | 0.007101 |
| Cash-settled Equity Swap | 12/05/2027 | 12/05/2027 | Cash | 106464 | 0.012048 |
| Cash-settled Equity Swap | 02/12/2027 | 02/12/2027 | Cash | 39325 | 0.004451 |
| Cash-settled Equity Swap | 30/05/2028 | 30/05/2028 | Cash | 767 | 0.000085 |
| Cash-settled Equity Swap | 04/04/2030 | 04/04/2030 | Cash | 29912 | 0.003385 |
| Cash-settled Equity Swap | 02/05/2030 | 02/05/2030 | Cash | 12 | 0.000001 |
| Cash-settled Equity Swap | 18/11/2030 | 18/11/2030 | Cash | 2180 | 0.000246 |
| Cash-settled Equity Swap | 26/11/2032 | 26/11/2032 | Cash | 50040 | 0.005664 |
| Cash-settled Equity Swap | 29/11/2032 | 29/11/2032 | Cash | 51826 | 0.005866 |
| Cash-settled Equity Swap | 02/12/2032 | 02/12/2032 | Cash | 43247 | 0.004895 |
| Cash-settled Equity Swap | 03/12/2032 | 03/12/2032 | Cash | 34824 | 0.003941 |
| Sub Total 8.B2 | | 34128610 | 3.863170% | ||
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 | 3.264922 | | 4.668565% |
| 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
03-Dec-2025
13. Place Of Completion
London
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