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LONDON - Downing LLP, an investment management firm based in London, has increased its holdings in Frenkel Topping Group PLC, a UK-based financial services company. The transaction, which crossed the notifiable threshold on Monday, May 2, 2025, was publicly disclosed on Wednesday, May 7, 2025.
The notification, following the standard form for the announcement of major holdings, indicated that Downing LLP now holds 8% of the voting rights in Frenkel Topping Group. This is a significant increase from the previous notification, where Downing LLP was reported to hold 6.05% of the voting rights.
The total number of voting rights now held by Downing LLP in Frenkel Topping amounts to 10,241,101 shares. According to the disclosure, all voting rights are attached to shares, with no voting rights coming from financial instruments.
This latest move by Downing LLP is part of the investment management firm’s client fund operations. The disclosure did not specify any additional information regarding the strategic intentions behind the acquisition of the additional shares or any potential impact on Frenkel Topping Group’s governance or operations.
The details of this shareholding update are a matter of public record, based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG). RNS is authorized by the Financial Conduct Authority in the UK to act as a Primary Information Provider.
Investors and market observers often monitor such notifications for insights into investment firm strategies and confidence in the companies they invest in. The increase in Downing LLP’s stake in Frenkel Topping Group may be of interest to shareholders and potential investors as it reflects the investment firm’s growing interest in the financial services provider.
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