Pentwater Capital Management increases stake in RC Fornax

Published 18/08/2025, 10:14
Pentwater Capital Management increases stake in RC Fornax

LONDON - Investment firm Pentwater Capital Management LP has increased its stake in RC Fornax PLC to 4.54% through financial instruments, according to a regulatory filing published Monday.

The Naples, Florida-based investment manager crossed the reportable threshold on August 14, 2025, raising its position from a previously reported 3.06%, the filing showed.

The increased stake is held entirely through cash-settled swap instruments representing 2,600,000 shares of RC Fornax. The notification indicates that Pentwater Capital Management is controlled by Matthew Halbower through MCH PWCM Holdings Inc.

RC Fornax disclosed the change in ownership structure through a TR-1 form, which is the standard regulatory notification for major holdings in UK-listed companies. The filing was submitted to the company on August 15, one day after the threshold was crossed.

The information was provided to the market through a regulatory news service filing with the London Stock Exchange.

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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