Dowgate Capital increases stake in Xeros Technology Group

Published 13/02/2025, 11:22
Dowgate Capital increases stake in Xeros Technology Group

LONDON - Dowgate Capital Limited, under its parent company Dowgate Group Limited, has crossed a significant threshold in its shareholding of Xeros Technology Group PLC, a UK-based company. On February 11, 2025, Dowgate Capital’s voting rights in Xeros Technology reached 13.156280%, marking an increase from the previously held 11.420000%.

The total number of voting rights now held by Dowgate Capital amounts to 68,502,977 shares in the issuer. This change in shareholding was officially notified to Xeros Technology on February 13, 2025, as per regulatory requirements.

Xeros Technology Group PLC, with the International Securities Identification Number (ISIN) GB00BMGYBJ57, is listed on the London Stock Exchange (LON:LSEG). The company specializes in the development of polymer-based technologies aimed at transforming water-intensive industrial and commercial processes.

Dowgate Capital Limited’s increased shareholding represents a strategic move within the financial markets, reflecting confidence in Xeros Technology’s business model and future prospects. The acquisition of additional voting rights by Dowgate Capital Limited is purely through share ownership, with no financial instruments being used to acquire voting rights.

The notification of this change in shareholding is in accordance with the Disclosure Guidance and Transparency Rules (DTR) of the UK’s Financial Conduct Authority. These rules require investors to disclose changes in major shareholdings in listed companies to ensure transparency in the market.

This announcement was disseminated via RNS, the news service of the London Stock Exchange, and is based on a press release statement. The information presented here is intended to provide stakeholders and the investment community with key facts regarding the recent movements in Xeros Technology Group PLC’s shareholding structure.

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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