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LONDON - Hunting PLC (LSE:LON:HTG), a UK-based global energy services provider, has announced a change in its major shareholdings. Equiniti Trust (Jersey) Limited, acting as trustee for Hunting PLC’s Employee Benefit Trust, has seen a reduction in its voting rights below the previously held threshold.
The notification, dated March 10, 2025, indicated that the threshold was crossed on the same day. The Employee Benefit Trust now holds 3.626582% of the voting rights, a decrease from the previous notification which reported a holding of 4.106579%. This change equates to a total of 5,981,687 voting rights within the company.
The shares in question have an ISIN code of GB0004478896, and the voting rights are directly attached to these shares. There were no financial instruments listed that would affect the voting rights, either currently or in a situation where they could be acquired through conversion or exercise.
The notification did not specify the reason for the decrease in voting rights, but the change has been duly reported to the issuer in compliance with the Disclosure Guidance and Transparency Rules. The administrative completion of this notification took place in St Helier, Jersey, on March 10, 2025.
The information regarding this adjustment in shareholding has been disseminated as per regulatory requirements and is based on a press release statement. Hunting PLC has not provided additional details on the implications of this shift in share ownership.
Investors and market watchers often monitor such notifications for insights into changes in control and influence within a company, although this announcement does not necessarily indicate a strategic shift or a change in the operational direction of Hunting PLC.
The London Stock Exchange (LON:LSEG)’s Regulatory News Service, approved by the Financial Conduct Authority, has distributed the details of this notification, ensuring transparency and compliance with UK financial regulations.
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