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LONDON - JPMorgan Asset Management Holdings Inc. has acquired a 7.53% stake in Cerillion PLC (LSE:CER), according to a regulatory filing published Monday.
The U.S.-based asset manager crossed the reporting threshold on June 12, holding 2,222,508 voting rights in the UK software provider. This includes 6.75% of voting rights attached to shares and 0.79% through financial instruments.
The stake consists of 1,990,101 indirect voting rights through shares, 9,239 voting rights via instruments with exercise rights, and 223,168 voting rights through cash-settled equity swaps.
JPMorgan Asset Management (UK) Limited, based in London, is the entity directly holding the position. This marks the first reported significant stake by JPMorgan in Cerillion, as the filing indicates no previous notification threshold had been crossed.
The disclosure was made through a TR-1 form, the standard regulatory notification for major shareholdings in UK-listed companies. Cerillion received notification of the stake on June 13.
Cerillion PLC is listed on the London Stock Exchange (LON:LSEG) with the ISIN code GB00BYYX6C66. The company provides billing, charging and customer management systems.
This information is based on a regulatory press release statement filed with the London Stock Exchange.
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