Interactive Brokers shares jump as it secures spot in S&P 500
LONDON - Gresham House Asset Management Limited has reduced its stake in The Property Franchise Group (NASDAQ:FRG) plc (LSE:TPFG) to 13.82% of voting rights, according to a regulatory filing published Thursday.
The asset manager now holds 8,809,190 voting rights in the property company, down from its previous position of 14.71%. The threshold was crossed on July 23, 2025, with the issuer notified the following day.
The notification, made through the London Stock Exchange (LON:LSEG)’s Regulatory News Service (RNS), was submitted in accordance with the Financial Conduct Authority’s disclosure requirements for major shareholdings.
Gresham House Asset Management Limited, based in London, confirmed it is the entity subject to the notification obligation and acts as the proxy holder for these voting rights.
The filing indicates that the change resulted from an acquisition or disposal of voting rights, though specific details about the transaction were not provided in the disclosure.
The Property Franchise Group plc, a UK-based company listed on the London Stock Exchange, received the standard TR-1 form for notification of major holdings as required by regulatory guidelines.
This information was disclosed through a regulatory filing based on a company press release statement.
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