Bitcoin price today: surges to $122k, near record high on US regulatory cheer
LONDON - M&G Plc, a UK-based investment management company, has decreased its shareholding in M&G Credit Income Investment Trust PLC (LSE:MGCI) to just below 22%, based on a regulatory filing on June 6, 2025. The notification, following the standard form for notification of major holdings, indicated a change in the distribution of voting rights.
The event that triggered this disclosure was the crossing of a threshold on June 5, 2025, when M&G Plc’s stake in the investment trust fell slightly from 22.297748% to 21.982173%. The total number of voting rights M&G Plc now holds in MGCI amounts to 38,830,132.
The detailed breakdown of the voting rights shows that the change is solely related to the shares held directly by M&G Plc and its controlled undertakings. No financial instruments with voting rights were reported in the notification.
The chain of control within M&G Plc was also disclosed, with M&G Corporate Holdings Limited, a wholly-owned subsidiary, holding a significant portion of the shares, amounting to 17.727832%. This subsidiary, in turn, controls Prudential (LON:PRU) Portfolio Management Group Limited, which holds an equivalent percentage of voting rights.
M&G Credit Income Investment Trust PLC is listed on the London Stock Exchange (LON:LSEG) and specializes in credit investments. The adjustment in M&G Plc’s holdings represents a minor shift in the ownership structure of the investment trust.
This announcement was disseminated as a regulatory announcement and is based solely on the press release statement. It does not reflect any subsequent events or market performance. The issuer, M&G Credit Income Investment Trust PLC, bears sole responsibility for the content of the announcement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.