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LONDON - Investment management firm Grandeur Peak Global Advisors has reduced its stake in veterinary services provider CVS Group plc (AIM:CVSG) to 3.87% of voting rights, according to a regulatory filing released Monday.
The Salt Lake City-based investment firm now holds 2,776,369 shares in the company, down from its previous position of 4.93%. The transaction that crossed the reporting threshold occurred on June 27, 2025.
The notification, submitted through the UK’s standard form for major holdings (TR-1), indicates that Grandeur Peak Global Advisors holds the voting rights directly rather than through financial instruments. The firm serves as the proxy holder for these shares.
CVS Group, which operates veterinary practices, laboratories, and pet crematoria across the UK, has seen its ownership structure shift with this reduction in Grandeur Peak’s position. The investment firm’s holdings now fall below the 4% threshold.
The disclosure was made in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, which require shareholders to notify companies when their voting rights cross certain thresholds.
The regulatory filing did not provide reasons for the reduction in Grandeur Peak’s stake in the veterinary services company.
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