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LONDON - First Equity Limited has adjusted its holdings in Xeros Technology Group PLC, as indicated by a notification of major holdings filed on May 28, 2025. The transaction, which crossed the notifiable threshold on May 27, 2025, has resulted in First Equity Limited’s voting rights in the UK-based company decreasing to 2.736772% from a previous notification of 3.946713%.
The notification, following the rules of the Disclosure and Transparency Rules (DTR), shows that First Equity Limited now directly holds 14,250,000 voting rights in Xeros Technology Group PLC. This change in shareholding has occurred through the management of Armstrong Investments Limited by First Equity Limited, with no voting rights held through financial instruments.
The details in the notification confirm that the Estate of William Black, through its control of Armstrong Investments Limited, is connected to the change in the ownership stake managed by First Equity Limited.
Xeros Technology Group PLC, which trades under the ISIN code GB00BMGYBJ57, has been informed of the change in holdings on the date the threshold was crossed, maintaining transparency as per regulatory requirements.
Investors and the market have been made aware of these changes through RNS, the news service of the London Stock Exchange (LON:LSEG), which is authorized by the Financial Conduct Authority in the UK. This disclosure is part of the regulatory framework that ensures a fair and transparent market, where all stakeholders have access to the same information.
This report is based on a press release statement and provides an overview of the factual changes in the shareholding and voting rights within Xeros Technology Group PLC, without any analysis or commentary on the potential reasons or implications of these changes.
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