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LONDON - Liontrust Investment Partners LLP has reduced its stake in Mortgage Advice Bureau (Holdings) PLC (LSE:MAB1) to 17.04% from 18.23%, according to a regulatory filing released Friday.
The threshold was crossed on June 26, with the notification submitted to the company on June 27, as required by UK disclosure regulations.
According to the filing, Liontrust now holds 9,850,364 direct voting rights, representing 16.99% of Mortgage Advice Bureau’s total voting rights. The investment firm also maintains exposure to an additional 0.05% through financial instruments, specifically securities lending arrangements covering 26,551 voting rights.
The securities lending positions are open-ended and can be exercised at any time, according to the disclosure.
Liontrust Asset Management (LON:LIO) is listed as the ultimate controlling entity of Liontrust Investment Partners LLP in the notification.
Major shareholding disclosures are required under UK financial regulations when investors cross certain ownership thresholds in publicly traded companies.
The information was provided through a Regulatory News Service (RNS) filing, the official news service of the London Stock Exchange (LON:LSEG).
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