Deep Yellow Ltd (ASX:DYL) has disclosed that JPMorgan Chase & Co. and its affiliates became a substantial holder in the uranium company on 30 October 2026, acquiring a relevant interest in 49,140,159 ordinary shares, representing 5.04% voting power.

Key Points

  • JPMorgan Chase & Co. and its affiliates became a substantial holder in Deep Yellow Ltd on 30 October 2026
  • The total relevant interest amounts to 49,140,159 ordinary shares, carrying 49,140,159 votes and 5.04% voting power
  • Seven JPMorgan subsidiaries hold relevant interests across multiple arrangements including securities lending, investment management, and proprietary trading
  • The notice was signed by Vasim Pathan, Compliance Officer, and dated 3 November 2026

Substantial Holder Threshold Crossed on 30 October 2026

According to the Form 603 filing lodged with the ASX, JPMorgan Chase & Co. and its affiliates crossed the substantial holder threshold in Deep Yellow Ltd on 30 October 2026. The combined relevant interest of 49,140,159 ordinary shares equates to voting power of 5.04% in the company. The notice was submitted on 3 November 2026 and signed by Vasim Pathan in his capacity as Compliance Officer. All entities named in the notice are identified as subsidiaries of JPMorgan Chase & Co.

Breakdown of Relevant Interests Across JPMorgan Entities

The filing details relevant interests held across seven JPMorgan subsidiaries through a range of arrangements. JPMorgan Chase Bank, N.A. holds 26,205,498 ordinary shares as agent lender under a securities lending arrangement. J.P. Morgan Securities PLC holds 13,066,412 ordinary shares subject to an obligation to return under a securities lending agreement, and a further 622,691 shares through principal and proprietary trading. J.P. Morgan Securities Australia Limited holds 5,160,389 shares via principal trading and 1,193,309 shares subject to return under a securities lending agreement. JPMorgan Asset Management (UK) Limited holds 2,495,880 shares in its capacity as investment manager.

Registered Holders and Remaining Entities

The filing identifies registered holders including JPM Nominees Australia Pty Limited, Ecapital Nominees Pty Ltd, Citibank N.A. Hong Kong Branch, BNP Paribas (Sydney Branch), and Citi Australia, among others. Additional smaller interests are disclosed for J.P. Morgan Securities LLC, which holds 2,486 ordinary shares through rehypothecation under a Prime Brokerage Agreement and 30 shares via proprietary trading. J.P. Morgan Prime Inc. holds 1,598 shares through rehypothecation under a Prime Brokerage Agreement, while J.P. Morgan Investment Management Inc. holds 391,866 shares in its capacity as investment manager.