FitzWalter Capital ups stake in Auction Technology Group

Published 28/02/2025, 08:16
FitzWalter Capital ups stake in Auction Technology Group

LONDON - FitzWalter Capital Limited has increased its shareholding in Auction Technology Group (LON:ATG) PLC, a UK-based company, as reported on February 27, 2025. The transaction, part of an internal reorganisation, resulted in FitzWalter Capital acquiring additional voting rights, crossing the threshold that necessitated a regulatory notification.

The London-based investment firm now holds 15.145986% of the voting rights in Auction Technology Group, an increase from the previous notification of 14.175598%. This change came into effect on February 27, with the total number of voting rights held by FitzWalter Capital in the issuer amounting to 18,535,572 shares.

The reorganisation involved transferring shares previously owned by FW Securities Limited to FW Securities II Limited, as stated in the additional information section of the notification. The chain of controlled undertakings through which the voting rights are effectively held starts with the ultimate controlling person, Benjamin Brazil, who has interests in various entities within the FitzWalter Capital structure.

This notification of major holdings, required under the Disclosure Guidance and Transparency Rules, was completed in London on February 27, 2025. Such disclosures are crucial for maintaining transparency in the financial markets and providing investors with pertinent information regarding significant changes in company ownership.

The information provided in this article is based on a press release statement from the London Stock Exchange (LON:LSEG)’s news service, RNS. The details disclosed are essential for investors and the market to note any significant shifts in share ownership, which can influence company control and decision-making processes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.