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LONDON - Harwood Capital LLP has increased its stake in Mercia Asset Management (LON:MERCM) PLC (LON:MERC) to 4.07% of voting rights, according to a regulatory filing released Wednesday.
The investment firm crossed the reporting threshold on August 5, with the notification submitted to Mercia Asset Management on August 6. The stake represents 17,550,000 voting rights in the company.
The filing shows that Rockwood Strategic Plc, controlled by Christopher Harwood Bernard Mills, holds 17,000,000 shares, representing 3.94% of voting rights. Harwood Capital LLP directly holds an additional 550,000 shares, equivalent to 0.13% of voting rights.
Prior to this transaction, Harwood Capital’s position stood at 3.44% of voting rights in Mercia Asset Management.
The notification was made in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, which require shareholders to disclose when their holdings cross certain thresholds.
Mercia Asset Management is listed on the London Stock Exchange (LON:LSEG). The information was provided through a regulatory news service filing.
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