Lombard Odier reduces stake in Sosandar to below 5%

Published 23/09/2025, 17:38
Lombard Odier reduces stake in Sosandar to below 5%

LONDON - Investment manager Lombard Odier Asset Management (Europe) Limited has reduced its stake in women’s fashion retailer Sosandar Plc (AIM:SOS) to 4.67%, according to a regulatory filing released Tuesday.

The notification shows that Lombard Odier now holds 11,602,797 voting rights in Sosandar, down from its previous position of 5.01%. The threshold was crossed on September 22, 2025, with the company notifying Sosandar the following day.

The shares are held on behalf of accounts managed on a discretionary basis by the Lombard Odier Investment Managers group, according to the filing.

The disclosure was made in accordance with UK financial regulations that require investors to notify companies and the Financial Conduct Authority when their holdings cross certain thresholds.

Sosandar, which sells women’s clothing through its online platform and retail partnerships, trades on London’s AIM market. The company has not issued any statement regarding the change in shareholding.

The information was disclosed in a standard regulatory announcement based on a press release statement filed with the London Stock Exchange’s Regulatory News Service.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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