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LONDON - M&G Plc has decreased its voting rights in M&G Credit Income Investment Trust PLC to 19.94% from approximately 20.96%, according to a regulatory filing released Wednesday.
The transaction, which crossed the reporting threshold on October 14, involves 38,830,132 voting rights attached to shares. The notification indicates that M&G Plc now holds just under 20% of the investment trust.
The stake is held through several controlled undertakings within the M&G corporate structure. M&G Corporate Holdings Limited, a wholly owned subsidiary of M&G Plc, holds 16.08% of the voting rights through Prudential Portfolio Management Group Limited.
No financial instruments were reported as part of the holding, with all voting rights attached directly to shares.
The disclosure was made in compliance with UK regulatory requirements for reporting significant changes in major shareholdings. The notification was submitted to the issuer on October 15.
M&G Credit Income Investment Trust PLC trades on the London Stock Exchange under the ticker MGCI with ISIN GB00BFYYL325.
The information is based on a regulatory announcement transmitted by EQS Group on behalf of the issuer.
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