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LONDON - Joe Scott Mouldings Ltd has reduced its shareholding in Clean Power Hydrogen PLC to 7.86% from 11.13%, according to a regulatory filing released Wednesday.
The Ireland-based company now holds 39,445,053 voting rights in Clean Power Hydrogen, crossing below the notification threshold on September 22, as disclosed in a TR-1 form submitted to the Financial Conduct Authority.
The notification indicates the change resulted from an event affecting the breakdown of voting rights rather than a direct acquisition or disposal of shares. Joe Scott Mouldings confirmed it holds these voting rights directly and does not control any other undertaking with an interest in the issuer.
Clean Power Hydrogen, which trades on the London Stock Exchange, received notification of the change on September 23, according to the regulatory filing.
The TR-1 form, which is the standard document for reporting major shareholding changes in UK-listed companies, shows that Joe Scott Mouldings does not hold any financial instruments related to Clean Power Hydrogen beyond its direct shareholding.
The disclosure is in line with UK transparency regulations that require investors to notify companies when their voting rights cross certain thresholds.
This information was reported based on a regulatory press release statement filed with the London Stock Exchange’s news service.
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