Intel stock spikes after report of possible US government stake
LONDON - BlackRock (NYSE:BLK), Inc., the American global investment management corporation based in Wilmington, USA, has reported a change in its holdings in THE PRS REIT PLC, a UK-listed investment trust. On Monday, the company disclosed that its total voting rights in PRS REIT have shifted following transactions that occurred on March 13, 2025.
The investment giant’s voting rights attached to shares now stand at 4.90%, a decrease from the previous notification, where it held 5.20%. Additionally, BlackRock’s voting rights through financial instruments, such as Contracts for Difference (CFDs), increased to 1.38%, culminating in a total of 6.28% of voting rights within the REIT. This brings BlackRock’s total number of voting rights in PRS REIT to 34,605,106.
The notification, completed on March 14, 2025, and reported in London, follows the guidelines of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority. The rules require investors to disclose changes in their holdings that cross specific thresholds.
BlackRock’s adjustment in its stake in THE PRS REIT PLC is part of the normal ebb and flow of investment management activities. The PRS REIT focuses on investing in newly constructed or refurbished rental homes in the UK, and changes in significant shareholdings can be of interest to investors and market watchers.
The detailed chain of controlled undertakings through which BlackRock holds these rights includes a number of BlackRock entities, such as BlackRock Finance, Inc., BlackRock Holdco 2, Inc., and others across various jurisdictions.
This information is based on a press release statement and is intended to provide investors and the public with transparent updates on significant shareholding changes, as required by market regulations.
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