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LONDON - Barclays PLC (LON:BARC) has reduced its stake in Vodafone Group PLC (LSE:LON:VOD) to 5.95% of voting rights, according to a major shareholding notification issued Tuesday.
The notification reveals that Barclays crossed below the 6% threshold on June 26, with the telecommunications company being formally notified on June 30.
The resulting position consists of 0.11% of voting rights attached to shares and 5.84% through financial instruments. This represents a decrease from Barclays’ previous notification position of 6.06%, which comprised 0.24% in direct shares and 5.82% in financial instruments.
The financial instruments held by Barclays include various options, equity swaps, and contracts for difference with expiration dates ranging from October 2025 to May 2027. The bank holds a total of 1.46 billion voting rights in Vodafone (NASDAQ:VOD).
According to the filing, Barclays Bank PLC holds the majority of these financial instruments, accounting for 5.36% of the total position.
Barclays Bank PLC, Barclays Capital Securities Limited, Barclays Capital Inc., Barclays Investment Solutions Limited, Barclays Bank (Suisse) SA, and Barclays Bank Ireland PLC are all listed as controlled undertakings through which the voting rights and financial instruments are held.
Vodafone Group is a European and African telecommunications company providing mobile and fixed services to over 330 million customers across 15 countries, as stated in the press release.
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