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LONDON - M&G Credit Income Investment Trust PLC (LSE:MGCI) reported a change in its major holdings, as detailed in a regulatory announcement on May 1, 2025. M&G Plc, the parent company, has experienced a slight decrease in its voting rights within the Trust, crossing a notable threshold on April 30, 2025.
The Trust, which trades under the ISIN GB00BFYYL325, notified the market that M&G Plc’s total voting rights have decreased to 22.943319%, representing 38,830,132 voting rights in the company. This is a minor reduction from the previous notification, which reported a voting rights percentage of 23.392528.
The notification obligation was triggered by an event that altered the breakdown of voting rights. Details of the shareholder structure revealed that M&G Plc, through its wholly owned subsidiaries, holds the majority of these rights. Specifically, M&G Corporate Holdings Limited and Prudential (LON:PRU) Portfolio Management Group Limited, both subsidiaries of M&G Plc, each hold 18.502962% of the voting rights.
No financial instruments were listed that could influence the voting rights, indicating the change was purely in the form of share ownership. The Trust has confirmed that the change in holdings has been duly noted and completed in London, United Kingdom (TADAWUL:4280), as of the date of the announcement.
Investors and market watchers often monitor such declarations of major holdings for insights into the strategic moves of significant shareholders and their potential influence on the company’s governance and future direction.
This report is based on a press release statement and aims to provide shareholders and the public with essential information regarding the current ownership structure of M&G Credit Income Investment Trust PLC.
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