Pentwater Capital reduces stake in RC Fornax PLC

NAPLES - Pentwater Capital Management LP, an investment management firm based in Naples, United States, has reported a decrease in its holdings in RC Fornax PLC, a non-UK issuer, as of June 3, 2025. The notification, dated today, indicates that Pentwater Capital’s share and financial instrument holdings in RC Fornax have both fallen below the 3% threshold.

The notification, which follows the regulatory standards for major holdings, shows that Pentwater Capital’s direct and indirect shareholdings, as well as financial instruments such as swaps with cash settlement, now represent less than 3% of RC Fornax’s shares outstanding. This marks a change from the previous notification where Pentwater Capital held 3.843090% of the company.

The detailed breakdown of the holdings was not provided beyond the percentages; however, the notification confirmed that the total number of shares outstanding held by Pentwater Capital in RC Fornax PLC is now below 3%. This change in holdings required a standard notification to be filed with the London Stock Exchange (LON:LSEG), where RC Fornax PLC is presumably listed.

The structure of ownership through which Pentwater Capital holds its interest in RC Fornax indicates that MCH PWCM Holdings Inc. and Pentwater Capital Management LP are part of the chain of controlled undertakings related to Matthew Halbower, with no single entity directly or indirectly holding a notifiable threshold.

This adjustment in Pentwater Capital’s investment position may be of interest to investors and market watchers who track significant changes in company ownership, as such shifts can sometimes reflect broader strategic moves by investment firms.

The information for this article is based on a press release statement and is intended to provide investors with a factual update on the latest changes in major holdings of RC Fornax PLC.

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