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LONDON - Good Life Plus PLC, a company listed on the London Stock Exchange (LON:LSEG), reported a change in shareholding on Tuesday. Joseph Chadd, a significant shareholder, has adjusted his stake in the company, crossing a threshold that necessitated a regulatory notification.
The notification, which follows the standard form TR-1 for announcing major holdings, revealed that as of April 29, 2025, Chadd’s holding in Good Life Plus PLC had decreased to 14.2% of the company’s voting rights, representing a total of 127,740,993 voting rights. This marks a change from his previously reported holding of 15.7%.
According to the details provided, the change in Chadd’s stake resulted solely from an adjustment in the number of shares held, as there were no financial instruments listed that would affect voting rights. The notification did not indicate any control by natural persons or legal entities over Chadd’s holdings, nor did it detail any proxy voting arrangements.
Good Life Plus PLC has confirmed receipt of the notification on the same day, fulfilling the regulatory requirements for disclosure to both the issuer and the Financial Conduct Authority (FCA) in the United Kingdom (TADAWUL:4280).
This change in shareholding is a significant event for investors and market watchers, as shifts in major holdings can influence company decisions and signal strategic moves by shareholders. However, the notification did not provide additional context regarding the rationale behind the adjustment in Chadd’s position.
The information disclosed is based on the press release statement issued by Good Life Plus PLC and does not include any further analysis or speculation on the potential impact of this change in shareholding.
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