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Ninety One UK Ltd crosses 5% voting rights threshold in Wickes Group

Published 02/04/2025, 07:48
Ninety One UK Ltd crosses 5% voting rights threshold in Wickes Group
WIX
-1.10%

LONDON - Ninety One UK Ltd has notified Wickes Group (LON:WIX) PLC, a UK-based home improvement retailer, that it has acquired a significant portion of the company’s voting rights. On March 31, 2025, Ninety One UK Ltd’s total voting rights in Wickes Group PLC reached 5.197600%, crossing the threshold that mandates regulatory notification.

The disclosure, completed on April 1, 2025, in London, revealed that Ninety One UK Ltd now holds 12,581,636 voting rights in the company, all of which are indirect and attached to shares with the ISIN code GB00BL6C2002. There are no voting rights through financial instruments reported in this notification.

This change in ownership stake was the result of an acquisition or disposal of voting rights. Ninety One UK Ltd is part of the Ninety One Group, which includes several controlled undertakings. However, the ultimate controlling entity, Ninety One Plc, and its subsidiaries Ninety One Global Limited and Ninety One UK Holdings Limited, do not individually meet the notifiable threshold for voting rights.

The information about this change in shareholding was provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is subject to the terms and conditions of use and distribution set by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280).

Wickes Group PLC, which operates in the competitive home improvement retail market, has not provided any additional information or comments on the implications of this change in shareholder voting rights. The notification is strictly a regulatory disclosure, and the details provided are based on the press release statement issued by the company.

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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