Maven Renovar VCT announces name change, holds Sosandar stake

Published 06/05/2025, 12:06
Maven Renovar VCT announces name change, holds Sosandar stake

LONDON - Maven Capital Partners (WA:CPAP) UK LLP, a Glasgow-based investment management firm, has reported that there has been no change in its holding of Sosandar PLC shares, despite undergoing a name change from its previously known entity, Amati AIM VCT plc. The notification, dated May 1, 2025, was completed in Glasgow on May 6, 2025.

According to the notification, Maven Renovar VCT PLC, which is now under the management of Maven Capital Partners UK LLP, maintains its position with 12,480,000 direct voting rights, equating to 5.028% of the total voting rights in Sosandar PLC. This holding remains unchanged from the previous notification.

The disclosure, filed in accordance with the UK’s Disclosure and Transparency Rules (DTR), was prompted by the change in the investment manager and subsequent name change of the venture capital trust. Maven Renovar VCT PLC was previously managed by Amati Global Investors and has since transitioned to Maven’s management.

Sosandar PLC, the issuer of the shares, is a UK-based company listed on the London Stock Exchange (LON:LSEG) with the ISIN code GB00BDGS8G04. The company was notified of the threshold being crossed on May 6, 2025.

The notification did not indicate any change in the percentage of voting rights through financial instruments, as Maven Renovar VCT PLC holds its interest solely through direct voting rights attached to shares.

Maven Capital Partners UK LLP has clarified that the notification was submitted solely to inform stakeholders of the name change and that there was no alteration in the actual position held by Maven Renovar VCT PLC in Sosandar PLC.

This information is based on a press release statement and reflects the regulatory requirements of major holdings notifications in the United Kingdom (TADAWUL:4280).

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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