Ceres Power Holdings plcLSE: CWR

Ceres Power Holdings: Holding(s) in Company

· Issued by Ceres Power Holdings plc via RNS

Summary by 6ix AI

JPMorgan Chase & Co. notified Ceres Power, a developer of fuel cells and electrolysers for green hydrogen, that on October 14, 2026 its position crossed a reportable threshold, reaching 5.352976% of voting rights, or 11446399 voting rights in total. Ceres Power was notified on October 16, 2026.

Key details

  • Of the total, 0.481799% (1030243 voting rights) is attached to shares, and 4.871177% (10416156 voting rights) is held through cash-settled equity swaps, which are contracts settled in cash rather than in shares.
  • The swaps have expiry dates ranging from November 30, 2026 to October 7, 2033.
  • JPMorgan Chase & Co.'s previous position was below the minimum reporting threshold.
  • The shareholder named is J.P. Morgan Securities PLC. The holdings are held through wholly owned JPMorgan Chase & Co. units, including J.P. Morgan Securities PLC and J.P. Morgan Securities LLC.

6ix AI wrote this summary from the release below and checked it against the release.

Ceres Power Holdings plc
19 October 2026
 

CWR.L

Ceres Power Holdings plc

("Ceres Power" or "the Company")

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BG5KQW09

Issuer Name

CERES POWER HOLDINGS 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

14-Oct-2026

6. Date on which Issuer notified

16-Oct-2026

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

0.481799

4.871177

5.352976

11446399

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)

GB00BG5KQW09

1030243

0.481799

Sub Total 8.A

1030243

0.481799%

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

30/11/2026

30/11/2026

Cash

60675

0.028375

Cash-settled Equity Swap

11/12/2026

11/12/2026

Cash

20520

0.009596

Cash-settled Equity Swap

18/12/2026

18/12/2026

Cash

443026

0.207184

Cash-settled Equity Swap

18/01/2027

18/01/2027

Cash

382000

0.178645

Cash-settled Equity Swap

27/04/2027

27/04/2027

Cash

94418

0.044155

Cash-settled Equity Swap

04/05/2027

04/05/2027

Cash

742338

0.347159

Cash-settled Equity Swap

05/05/2027

05/05/2027

Cash

196900

0.092081

Cash-settled Equity Swap

07/05/2027

07/05/2027

Cash

563888

0.263706

Cash-settled Equity Swap

20/05/2027

20/05/2027

Cash

826892

0.386701

Cash-settled Equity Swap

28/05/2027

28/05/2027

Cash

443914

0.207599

Cash-settled Equity Swap

14/06/2027

14/06/2027

Cash

31857

0.014898

Cash-settled Equity Swap

15/06/2027

15/06/2027

Cash

35208

0.016465

Cash-settled Equity Swap

22/06/2027

22/06/2027

Cash

7314

0.003420

Cash-settled Equity Swap

29/07/2027

29/07/2027

Cash

326964

0.152907

Cash-settled Equity Swap

22/09/2027

22/09/2027

Cash

2154807

1.007708

Cash-settled Equity Swap

28/09/2027

28/09/2027

Cash

19968

0.009338

Cash-settled Equity Swap

04/10/2027

04/10/2027

Cash

7327

0.003427

Cash-settled Equity Swap

05/10/2027

05/10/2027

Cash

21467

0.010039

Cash-settled Equity Swap

06/10/2027

06/10/2027

Cash

31726

0.014837

Cash-settled Equity Swap

02/11/2027

02/11/2027

Cash

277783

0.129907

Cash-settled Equity Swap

15/11/2027

15/11/2027

Cash

3591

0.001679

Cash-settled Equity Swap

17/11/2027

17/11/2027

Cash

8

0.000004

Cash-settled Equity Swap

02/12/2027

02/12/2027

Cash

115841

0.054174

Cash-settled Equity Swap

12/04/2028

12/04/2028

Cash

142570

0.066674

Cash-settled Equity Swap

05/05/2028

05/05/2028

Cash

3620

0.001693

Cash-settled Equity Swap

30/05/2028

30/05/2028

Cash

985298

0.460780

Cash-settled Equity Swap

02/06/2028

02/06/2028

Cash

7314

0.003420

Cash-settled Equity Swap

28/07/2028

28/07/2028

Cash

24092

0.011267

Cash-settled Equity Swap

30/04/2029

30/04/2029

Cash

21514

0.010061

Cash-settled Equity Swap

15/11/2029

15/11/2029

Cash

196902

0.092082

Cash-settled Equity Swap

03/01/2031

03/01/2031

Cash

308663

0.144348

Cash-settled Equity Swap

15/05/2031

15/05/2031

Cash

1701516

0.795724

Cash-settled Equity Swap

25/07/2031

25/07/2031

Cash

5070

0.002371

Cash-settled Equity Swap

04/08/2031

04/08/2031

Cash

41814

0.019555

Cash-settled Equity Swap

11/09/2031

11/09/2031

Cash

47

0.000022

Cash-settled Equity Swap

29/09/2031

29/09/2031

Cash

18

0.000008

Cash-settled Equity Swap

08/10/2031

08/10/2031

Cash

12681

0.005930

Cash-settled Equity Swap

05/09/2033

05/09/2033

Cash

10090

0.004719

Cash-settled Equity Swap

16/09/2033

16/09/2033

Cash

27252

0.012745

Cash-settled Equity Swap

22/09/2033

22/09/2033

Cash

9430

0.004410

Cash-settled Equity Swap

28/09/2033

28/09/2033

Cash

42384

0.019821

Cash-settled Equity Swap

05/10/2033

05/10/2033

Cash

19965

0.009337

Cash-settled Equity Swap

06/10/2033

06/10/2033

Cash

22007

0.010292

Cash-settled Equity Swap

07/10/2033

07/10/2033

Cash

25477

0.011914

Sub Total 8.B2

10416156

4.871177%

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

4.871177

5.176684%

JPMorgan Chase & Co.

J.P. Morgan Securities LLC

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

If date does not apply, explain below

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%)

12. Date of Completion

16-Oct-2026

13. Place Of Completion

London

For further information visit www.ceres.tech or contact:

Ceres Power Holdings plc

Merryl Black (Head of Investor Relations and Sustainability)

Email: investors@cerespower.com

Ceres Power Holdings plc

Dominic Murray (Company Secretary)

Tel: +44 (0)7526 196529

About Ceres

Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai, Centrica and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking, and electrofuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. Read more on our website www.ceres.tech or follow us on LinkedIn.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Ceres Power Holdings plc on 6ix

Story so far

Earlier from Ceres Power

All Ceres Power news releases