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LONDON - BlackRock (NYSE:BLK), Inc., the global investment management corporation based in Wilmington, USA, has recently changed its holdings in the UK-based PRS REIT PLC, as per a notification filed on April 30, 2025. The transaction, which took place on April 29, 2025, resulted in BlackRock’s voting rights crossing a significant threshold.
The PRS REIT PLC, which is listed on the London Stock Exchange (LON:LSEG) with the ISIN code GB00BF01NH51, experienced a shift in BlackRock’s ownership. According to the TR-1 notification, BlackRock now holds 4.98% of the voting rights attached to shares and an additional 1.19% through financial instruments, summing up to a total of 6.17% of the voting rights in the REIT. This marks a slight decrease from their previous notification, which reported a combined total of 6.28% in voting rights.
The detailed breakdown reveals that BlackRock directly holds 27,372,969 voting rights in the REIT. Furthermore, the financial instruments consist of securities lending and contracts for difference (CFDs), which represent 0.41% and 0.78% of voting rights, respectively.
The complex structure of BlackRock’s holdings is managed through a chain of controlled undertakings, starting from the ultimate controlling entity, BlackRock, Inc. The chain includes various international and regional entities through which BlackRock exercises its voting rights and holds financial instruments.
This adjustment in BlackRock’s stake in PRS REIT PLC is a routine disclosure for major holdings and is mandated by financial regulations to ensure transparency in the market.
The information in this article is based on a press release statement and provides a factual report on BlackRock’s recent transaction involving PRS REIT PLC’s shares and voting rights.
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