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LONDON - Octopus Investments Limited has reduced its shareholding in RC Fornax PLC (LSE:RCF) to 8.47% of voting rights, according to a regulatory filing published Monday.
The investment firm now holds 4,846,153 voting rights in RC Fornax, down from its previous position of 10.47%. The threshold was crossed on Friday, August 8, with the company notifying the issuer on Monday, August 11.
The notification, made in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, indicates that Octopus Investments Limited is controlled by Octopus Capital Limited.
The filing shows that Octopus holds only direct voting rights in RC Fornax, with no additional voting rights through financial instruments or similar economic arrangements.
RC Fornax, a UK-based company listed on the London Stock Exchange (LON:LSEG), made the disclosure through a TR-1 standard form for notification of major holdings, which is required when significant changes occur in a company’s ownership structure.
The regulatory announcement was distributed through the Regulatory News Service (RNS) of the London Stock Exchange.
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