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VANCOUVER - Canaccord Genuity Group Inc. has increased its shareholding in Property Franchise Group (NASDAQ:FRG) PLC, crossing the threshold that mandates a disclosure to the market and the Financial Conduct Authority (FCA). According to a filing released on May 15, 2025, the Vancouver-based financial services firm now holds a 5.0324% interest in the UK-based estate agency franchising company.
The transaction took place on May 13, 2025, leading Canaccord to a resulting situation where it possesses 3,208,236 voting rights within Property Franchise Group. This move represents an increase from the previous notification, where Canaccord held a 4.9863% stake in the company.
The disclosure did not indicate any single shareholder holding a different portion of voting rights, suggesting that the shares are held directly by Canaccord Genuity’s discretionary clients. The updated stake places Canaccord Genuity above the 5% threshold, which is often considered a significant level of influence in a publicly-traded company.
The Property Franchise Group PLC, listed on the London Stock Exchange (LON:LSEG) with the ticker GB00BH0WFH67, has not released a statement regarding the change in shareholding. The company operates a network of franchised estate agents across the UK and is known for its various brands in the residential property sector.
This notification, required under the UK’s Disclosure and Transparency Rules (DTR), is part of regulatory measures to ensure transparency in the ownership of publicly listed companies. It is standard practice for investors to disclose their positions when they cross specific thresholds in shareholdings, typically at 3%, 5%, and subsequent whole percentage levels.
The information presented in this article is based on a press release statement from the London Stock Exchange’s RNS news service, which serves as a primary information provider in the United Kingdom (TADAWUL:4280). It is a factual report on the shareholding change without any endorsement of the claims or speculation on the implications for Property Franchise Group or the broader market.
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