Harwood Capital increases stake in PayPoint

Published 23/05/2025, 09:12
Harwood Capital increases stake in PayPoint

LONDON - Investment firm Harwood Capital LLP has reported an increase in its stake in UK-based payment services company PayPoint PLC. On May 21, 2025, Harwood Capital crossed the threshold to hold 4.053% of PayPoint’s voting rights, a notable rise from its previous holding of 3.03191%.

The transaction, which has brought Harwood Capital’s total voting rights to 2,852,000 shares, was officially notified to PayPoint on May 22, 2025. The disclosure aligns with the regulatory requirements for notifications of major holdings.

PayPoint PLC, identified by its ISIN GB00B02QND93, operates a network of retail payment and cash withdrawal systems across the UK. The increase in Harwood Capital’s shareholding in PayPoint signifies a strengthening of the investment firm’s position in the company.

The details of the voting rights attached to shares show that Harwood Capital LLP directly holds 2,000 shares with 0.003% voting rights, while North Atlantic Smaller Companies Investment Trust Plc, also controlled by Harwood Capital, holds 2,850,000 shares, representing 4.050% of voting rights.

The ultimate controlling person for these holdings is Christopher Harwood Bernard Mills, who is associated with both Harwood Capital LLP and North Atlantic Smaller Companies Investment Trust Plc. The notification did not mention any financial instruments according to DTR5.3.1R that would lead to additional voting rights, indicating that the entire stake is held through direct share ownership.

This strategic move by Harwood Capital underscores its investment interest in PayPoint PLC, though no additional information was provided regarding the intentions behind the acquisition of shares or any potential impact on PayPoint’s operations or strategy.

The information for this report is based on a press release statement, and it reflects the latest changes in shareholding as required by market regulations.

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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