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LONDON - Lombard Odier Asset Management (Europe) Limited has acquired a 12.04% stake in RM plc, according to a regulatory filing released Thursday.
The London-based asset manager now holds voting rights attached to 10,100,000 shares in the education technology and resources provider. The threshold was crossed on Tuesday, with the notification submitted to the Financial Conduct Authority the following day.
The disclosure, made through a standard TR-1 form for notification of major holdings, indicates that Lombard Odier made the investment on behalf of accounts managed on a discretionary basis by Lombard Odier Investment Managers group.
RM plc, listed on the London Stock Exchange (LON:LSEG), provides technology, resources and services to the education sector. The company’s shares trade under the ticker RM.
The filing confirms that Lombard Odier is not controlled by any natural person or legal entity and does not control any other undertaking holding directly or indirectly an interest in RM plc.
The notification was completed in London on Thursday, as required under UK financial regulations that mandate disclosure when an entity crosses certain ownership thresholds in publicly traded companies.
The information is based on a regulatory announcement transmitted by EQS Group on behalf of RM plc.
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