Just Group PLC — Major Shareholding Notification 2025

Nov 11, 2025

National Storage Mechanism | Additional information

RNS Number : 1143H

Just Group PLC

11 November 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BCRX1J15

Issuer Name

JUST GROUP 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

07-Nov-2025

6. Date on which Issuer notified

11-Nov-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	2.504728	3.271638	5.776366	59999312
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)
GB00BCRX1J15		26016680		2.504728
Sub Total 8.A	26016680		2.504728%

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	03/02/2026	03/02/2026	Cash	209096	0.020130
Cash-settled Equity Swap	25/02/2026	25/02/2026	Cash	3496396	0.336612
Cash-settled Equity Swap	03/03/2026	03/03/2026	Cash	77334	0.007445
Cash-settled Equity Swap	02/04/2026	02/04/2026	Cash	15729	0.001514
Cash-settled Equity Swap	05/05/2026	05/05/2026	Cash	3534	0.000340
Cash-settled Equity Swap	18/05/2026	18/05/2026	Cash	5697020	0.548474
Cash-settled Equity Swap	02/06/2026	02/06/2026	Cash	7374	0.000710
Cash-settled Equity Swap	04/08/2026	04/08/2026	Cash	17186	0.001655
Cash-settled Equity Swap	10/08/2026	10/08/2026	Cash	6533332	0.628989
Cash-settled Equity Swap	02/09/2026	02/09/2026	Cash	13279	0.001278
Cash-settled Equity Swap	16/09/2026	16/09/2026	Cash	16963	0.001633
Cash-settled Equity Swap	17/09/2026	17/09/2026	Cash	7920	0.000762
Cash-settled Equity Swap	02/10/2026	02/10/2026	Cash	28824	0.002775
Cash-settled Equity Swap	15/10/2026	15/10/2026	Cash	435834	0.041959
Cash-settled Equity Swap	19/10/2026	19/10/2026	Cash	85500	0.008231
Cash-settled Equity Swap	03/11/2026	03/11/2026	Cash	24949	0.002402
Cash-settled Equity Swap	23/12/2026	23/12/2026	Cash	17311951	1.666689
Cash-settled Equity Swap	30/05/2028	30/05/2028	Cash	411	0.000040
Sub Total 8.B2				33982632	3.271638%

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		3.271638	5.776366%
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 Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan SE (100%)

12. Date of Completion

11-Nov-2025

13. Place Of Completion

London

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