Maven Capital retains stake in Xeros Technology after VCT name change

Published 06/05/2025, 10:14
Maven Capital retains stake in Xeros Technology after VCT name change

LONDON - Xeros Technology Group PLC (LSE:XSG), a UK-based company, announced on Sunday that Maven Capital Partners (WA:CPAP) UK LLP has maintained its significant shareholding. The notification comes following the administrative change where Maven Renovar VCT PLC, formerly known as Amati AIM VCT plc, underwent a change of investment manager and subsequently its name.

The disclosure, made through a regulatory news service on May 6, 2025, stated that Maven Capital Partners UK LLP, with its registered office in Glasgow, United Kingdom (TADAWUL:4280), continued to hold approximately 12.8% of the voting rights in Xeros Technology Group. This corresponds to a total of 66,666,666 voting rights within the company.

The threshold was crossed on May 1, 2025, and the company was notified on the same day the announcement was made public. The filing clarified that there had been no change in the number of shares held by the company; the notification was purely informational due to the name change of the shareholder.

Xeros Technology Group, known for its innovative water-saving technologies, has not seen a shift in the percentage of voting rights held by Maven Capital Partners through financial instruments, which remains at 0%. The total percentage of voting rights, both direct and through financial instruments, held by Maven Capital Partners, also remains unchanged at 12.804%.

This announcement is part of standard regulatory compliance when there are changes in major shareholdings of publicly traded companies. The London Stock Exchange (LON:LSEG) requires such disclosures to ensure transparency in the ownership of listed companies.

The information provided in this article is based on a press release statement and is intended to inform stakeholders and the public of the latest developments regarding the shareholding of Xeros Technology Group PLC.

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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