Street Calls of the Week
LONDON - Salt Value AS, a Norwegian investment firm, has acquired a 3.04% stake in UK property company Helical plc (LSE:HLCL), according to a regulatory filing published Tuesday.
The Stavanger-based investor now holds 3,753,611 voting rights in Helical, crossing the threshold that requires disclosure under UK financial regulations. The notification was submitted via the TR-1 standard form for major holdings.
The stake is held through two entities - Salt Value AS directly controls 2.707% of voting rights, while Espedal & Co AS holds the remaining 0.336%. According to the filing, Salt Capital AS serves as the alternative investment fund manager for Salt Value AS, with Harald Espedal acting as portfolio manager.
The regulatory disclosure also notes that Espedal & Co AS owns 100% of Salt Capital AS, with Harald Espedal being the ultimate beneficial owner. Under UK disclosure rules, the holdings of both entities are aggregated.
Helical plc, listed on the London Stock Exchange, is a UK-based property development and investment company. The transaction was completed on September 2, 2025, with Helical receiving notification the same day.
The information was disclosed in a regulatory news service (RNS) announcement based on a press release statement from Helical plc.
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