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LONDON - Corcel PLC, a company listed on the London Stock Exchange (LON:LSEG), has notified the market of a significant change in share ownership. Investor Daniel Kaufman has crossed the threshold of voting rights, now holding a 4.5% stake in the company as of Monday.
According to the regulatory filing, Kaufman acquired the voting rights attached to 250 million shares, which triggered the notification requirement on February 24, 2025. The notification to Corcel PLC and the Financial Conduct Authority (FCA) was completed on February 27, 2025, in San Juan, Puerto Rico.
The disclosure, made under the UK’s Disclosure and Transparency Rules (DTR), requires investors to notify companies and the FCA when they acquire or dispose of shares that result in their total voting rights crossing certain percentage thresholds. This transparency is essential for the market to assess changes in control and potential influences on company decisions.
The filing did not indicate any direct or indirect control of Corcel PLC by other entities or persons in relation to Kaufman’s holding. It also did not report any acquisition or disposal of financial instruments that could provide additional voting rights.
Corcel PLC and the FCA have been duly informed of the new total voting rights held by Kaufman, ensuring regulatory compliance and market transparency. This notification does not necessarily reflect any broader market trends or industry impacts.
The announcement is based on a press release statement from Corcel PLC and is intended to inform the public and shareholders of relevant changes in share ownership. It is a routine disclosure for publicly traded companies and does not imply any specific action or change in strategy by Corcel PLC or Daniel Kaufman.
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