Flight Centre Travel Group (ASX:FLT) has disclosed that JPMorgan Chase & Co. and its affiliates became a substantial holder in the company on 6 November 2026, holding a relevant interest in 10,534,937.95 ordinary shares, representing 5.22% voting power.

Key Points

  • JPMorgan Chase & Co. and its affiliates became a substantial holder in Flight Centre Travel Group on 6 November 2026.
  • The total relevant interest held across all JPMorgan entities amounts to 10,534,937.95 ordinary shares, equating to 5.22% voting power.
  • The largest single component is 6,125,924 ordinary shares held by JPMorgan Chase Bank, N.A. in its capacity as agent lender for securities on loan.
  • Nine JPMorgan subsidiaries are identified as associates of the substantial holder across multiple jurisdictions including Australia, the United States, the United Kingdom, Japan, Singapore, and Hong Kong.

Nature of JPMorgan's Relevant Interests in Flight Centre

According to the filing, the relevant interests held by JPMorgan Chase & Co. and its affiliates arise through a range of capacities. JPMorgan Chase Bank, N.A. holds 6,125,924 ordinary shares as agent lender for securities on loan. J.P. Morgan Securities PLC holds 1,503,256 ordinary shares as securities subject to an obligation to return under a securities lending agreement, and a further 158,002 shares through purchases and sales in its capacity as principal or proprietary. J.P. Morgan Securities LLC holds 1,465,225 ordinary shares under a similar securities lending obligation, while J.P. Morgan Securities Australia Limited holds 714,489 shares through principal or proprietary transactions.

Investment Manager and Collateral Holdings Across Affiliates

JPMorgan Asset Management (UK) Limited holds 420,366 ordinary shares in its capacity as investment manager or in various other related capacities, along with 49,847 ordinary shares received as collateral due to securities lending. J.P. Morgan Investment Management Inc. holds 86,659 ordinary shares as investment manager or in related capacities, plus 9,815.86 shares received as collateral from securities lending. Smaller collateral positions are also recorded for JPMorgan Asset Management (Singapore) Limited at 1,059.11 shares, JPMorgan Asset Management (Asia Pacific) Limited at 210.12 shares, and JPMorgan Asset Management (Japan) Limited at 84.86 shares.

Associates and Corporate Structure

The filing identifies nine entities as associates of JPMorgan Chase & Co., each being a subsidiary of the parent company. These include J.P. Morgan Securities Australia Limited, J.P. Morgan Securities LLC, J.P. Morgan Securities PLC, JPMorgan Chase Bank N.A., J.P. Morgan Investment Management Inc., JPMorgan Asset Management (UK) Limited, JPMorgan Asset Management (Asia Pacific) Limited, JPMorgan Asset Management (Japan) Limited, and JPMorgan Asset Management (Singapore) Limited. The notice was signed by Vasim Pathan in the capacity of Compliance Officer.