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LONDON - DC Thomson & Company Limited has increased its shareholding in Franklin Global Trust plc (LSE:FGT) to 9.007% of voting rights, according to a regulatory filing released Monday.
The Dundee-based company now holds 4,520,000 voting rights in the trust, crossing above the 9% threshold on November 7. This represents an increase from its previous position of 8.005%, according to the standard form for notification of major holdings submitted to the London Stock Exchange.
The notification indicates that DC Thomson holds these voting rights directly, with no financial instruments or similar economic arrangements reported. The company stated in the filing that it is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in Franklin Global Trust.
Franklin Global Trust plc is a UK-based investment trust listed on the London Stock Exchange.
The disclosure was made in accordance with regulatory requirements that mandate shareholders to report when their holdings cross certain thresholds. The notification was completed in Dundee, UK on November 10, according to the regulatory announcement.
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