Harwood Capital adjusts stake in Filtronic

Published 20/05/2025, 14:44
Harwood Capital adjusts stake in Filtronic

LONDON - Harwood Capital LLP, a London-based investment firm, has altered its shareholding in Filtronic PLC, a UK technology company, crossing a significant threshold on May 16, 2025. The adjustment was formally notified to Filtronic on May 20, 2025.

The notification, a regulatory requirement known as TR-1, indicates that Harwood Capital now holds a total of 7,450,000 voting rights in Filtronic, which equates to 3.4018% of the company’s total voting rights. This reflects a decrease from their previous holding, which amounted to 4.7058%.

The shares in question are directly attached to voting rights, with no financial instruments reported as part of the holding. The change in Harwood Capital’s position was due to an acquisition or disposal of shares, as required by the disclosure rules for major holdings in UK-listed companies.

The information about the change in ownership was completed and made public via the London Stock Exchange (LON:LSEG), where Filtronic’s shares are traded under the ISIN code GB0003362992. The London Stock Exchange’s news service, RNS, disseminated the details, which are regulated by the Financial Conduct Authority in the UK.

The notification also revealed that the ultimate controlling person behind Harwood Capital LLP is Christopher Harwood Bernard Mills, who is linked to the reported voting rights percentage.

No additional information regarding the rationale for the transaction or its specific details was provided in the notification. Filtronic PLC and Harwood Capital LLP have not issued any further statements concerning the change in shareholding.

This adjustment in ownership comes as part of the regular financial movements within the stock market and is based on a press release statement. The news is significant to investors and market watchers who follow the shifts in ownership of publicly traded companies, as such changes can sometimes signal strategic moves or shifts in investor sentiment.

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

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