JPMorgan Chase ceases to be substantial holder in Gold Road Resources

JPMorgan Chase & Co. and its affiliates announced on October 7, 2025, that they are no longer substantial holders in Gold Road Resources Ltd. This follows a previous notification on September 30, 2025, indicating a change in their relevant interest in the company.

The change in ownership primarily resulted from extensive purchase and sales activities conducted by J.P. Morgan Securities PLC and J.P. Morgan Securities Australia Limited. J.P. Morgan Securities PLC's transactions involved 18,793 ordinary shares, while J.P. Morgan Securities Australia Limited saw dealings in 71,341,144 ordinary shares. These transactions were executed in their capacity as principal/proprietary entities.

The activity, particularly on October 7, 2025, involved significant sell-offs by J.P. Morgan Securities Australia Limited, with numerous large transactions, including a sale of 22,623,060 ordinary shares for AUD 69,322,259.14. The balance of shares held by JPMorgan-related entities at the end of the relevant period was 3,308,160 ordinary shares.