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LONDON - Investment firm Octopus Investments Limited has completely divested its shareholding in RC Fornax plc (LSE:RCF), according to a regulatory filing published Friday.
The notification, submitted under the Financial Conduct Authority’s Disclosure and Transparency Rules, shows that Octopus Investments crossed below the reportable threshold on August 14, reducing its position to 0% of voting rights.
Prior to this transaction, Octopus Investments held 8.47% of the voting rights in RC Fornax, a UK-based company. The investment firm, controlled by Octopus Capital Limited, no longer holds any voting rights or financial instruments related to RC Fornax.
The standard TR-1 form, which is required when major shareholders cross certain ownership thresholds, was filed with the London Stock Exchange on August 15.
The filing does not provide details on the reasons behind the complete divestment or the transaction price. RC Fornax has not issued a separate statement regarding the change in its shareholder structure.
Octopus Investments is headquartered in London, England, and operates as a controlled undertaking of Octopus Capital Limited.
The information was disclosed in a regulatory news service announcement submitted by RC Fornax plc.
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