Canaccord Genuity ups stake in Keystone Law Group

LONDON - Canaccord Genuity Group Inc., the Canada-based financial services firm, has increased its ownership in Keystone Law Group PLC, a move that crossed the notable threshold of 12% of voting rights, according to a regulatory filing made public on Tuesday.

The transaction, which took place on Monday, May 1, 2025, resulted in Canaccord Genuity holding 12.0421% of Keystone’s voting rights, amounting to a total of 3,804,454 shares. This marks a slight increase from their previous notification, where they held 11.9139% of the voting rights.

The disclosure, made in accordance with the UK’s DTR 5.1.2 requirement, was completed on Tuesday, May 2, 2025, in Blackpool, England. The notification indicates that Canaccord Genuity’s increased stake is managed through a chain of controlled undertakings, including Canaccord Genuity Wealth Group Holdings Limited and several of its subsidiaries.

Keystone Law Group PLC, listed on the London Stock Exchange (LON:LSEG), is a UK-based law firm that operates on a unique platform model. The firm has been attracting investor attention due to its innovative approach to legal services.

The update on shareholding comes amid a period of strategic investments by financial institutions in the legal sector, with firms like Canaccord Genuity looking to diversify their portfolios and capitalize on emerging market trends.

This latest move by Canaccord Genuity may be of interest to investors tracking ownership changes in publicly traded companies, particularly within the legal services industry. The details of the notification are based on the standard form for the notification of major holdings, which companies are required to use when reporting such changes.

As per the regulatory framework, any acquisition or disposal of major shareholdings must be disclosed to both the issuer and the Financial Conduct Authority, ensuring transparency in the market. The information provided here is based on a press release statement.

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