Capital Group crosses 10% stake in B&M European Retail

LUXEMBOURG - The investment firm The Capital Group Companies, Inc. has surpassed the 10% threshold of voting rights in B&M European Value Retail S.A., a non-UK issuer with the ISIN code LU1072616219. The crossing of this threshold occurred on January 31, 2025, and the company was notified on February 3, 2025.

Capital Group now holds a total of 10.038206% of the voting rights attached to shares, which translates to 100,764,761 voting rights. This is a slight increase from their previous notification, which reported a 9.93% stake. The shares are directly held through common stock and depository receipts, with 93,562,345 voting rights in common stock and 7,202,416 in depository receipts.

The notification indicates that Capital Research and Management Company, a subsidiary of The Capital Group Companies, Inc., holds the majority of these voting rights with 9.032160%. The press release clarifies that The Capital Group Companies, Inc. does not own these shares for its own account, but rather manages them on behalf of its clients through various investment management companies.

The Capital Group Companies, Inc., headquartered in Los Angeles, USA, is a global investment management firm known for its American Funds family of mutual funds and other investment services. It manages equity assets through its divisions, including Capital Research Global Investors, Capital International Investors, and Capital World Investors.

The press release also provides an insight into the complex structure of The Capital Group Companies, Inc., detailing the full chain of controlled undertakings and the roles of various affiliated entities within the group.

This notification, required by market regulations, provides transparency to the market and shareholders regarding significant changes in share ownership. It is based on a press release statement from B&M European Value Retail S.A. and is not an endorsement of the company’s performance or future prospects.

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