Cecil Hetherington acquires over 3% stake in Reach PLC

Published 19/11/2025, 18:28
Cecil Hetherington acquires over 3% stake in Reach PLC

LONDON - Cecil Hetherington, a Northern Ireland-based investor, has acquired a 3.06% stake in British media company Reach PLC (LSE:RCH), according to a regulatory filing published Wednesday.

The notification shows Hetherington crossed the 3% ownership threshold on November 4, 2025, with the company being notified on November 19. The stake represents 9,727,954 voting rights in the publisher.

According to the filing, Hetherington's ownership is split between personal holdings of 458,059 shares and 9,269,895 shares held through his company, Ardenlee Capital Ltd, based in Lurgan, Northern Ireland.

The disclosure was made in accordance with UK regulatory requirements, which mandate investors to notify companies when their shareholdings cross certain thresholds.

Reach PLC, which owns numerous British and Irish newspaper and digital media brands, has not commented on the shareholding change. The notification was submitted through the London Stock Exchange's Regulatory News Service.

The disclosure contains no information about Hetherington's investment strategy or intentions regarding his stake in the media company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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