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LUXEMBOURG - B&M European Value Retail S.A. has disclosed a change in shareholding by the Allan & Gill Gray Foundation, following a transaction that altered the foundation’s voting rights in the company. According to a notification received by the retailer on March 26, 2025, the foundation’s stake crossed a threshold on March 24.
The Allan & Gill Gray Foundation’s voting rights in B&M European Value Retail S.A., which trades under the ISIN LU1072616219, have decreased to 4.9812% of the total voting rights, amounting to 50,002,343 shares. This marks a slight reduction from the previous notification where the foundation held 5.0325% of the voting rights.
The notification, following standard form TR-1, indicates that there has been an acquisition or disposal of voting rights by the foundation. The Allan & Gill Gray Foundation is registered in Guernsey with controlled undertakings including Orbis Allan Gray Limited, Orbis Holdings Limited, and Orbis Investment Management Limited, as well as EmCap Limited and SecCap Limited, both based in Jersey.
B&M European Value Retail S.A., a non-UK issuer, has not provided additional details regarding the transaction or the reasons behind the Allan & Gill Gray Foundation’s adjustment in their holding.
This update on shareholding structure is part of the regulatory requirements for listed companies to provide transparency on major holdings. Such notifications are crucial for investors to understand the distribution of voting rights and potential influence on company decisions.
The information in this article is based solely on the press release statement provided by B&M European Value Retail S.A. and is presented without bias or endorsement of the claims.
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