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LONDON - Philip J Milton & Company Plc has acquired a 5.3% stake in Grit Real Estate Income Group Limited (LSE:GR1T), according to a regulatory filing released Tuesday.
The Barnstaple, United Kingdom-based firm now holds 27,543,661 voting rights in the non-UK property company, crossing the notification threshold on November 11, 2025.
The stake acquisition was reported through a standard TR-1 form for notification of major holdings, which companies are required to file when crossing certain ownership thresholds.
The filing indicates that Philip J Milton & Company holds these voting rights directly, with no financial instruments or similar economic arrangements involved in the transaction.
Grit Real Estate Income Group is dual-listed on the London Stock Exchange and the Stock Exchange of Mauritius, with operations focused on real estate investments.
The notification, made public on November 18, confirms that Philip J Milton & Company is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in Grit Real Estate.
No additional information regarding the purpose of the stake acquisition or future intentions was provided in the regulatory announcement, which was issued pursuant to FCA Listing Rules and SEM Listing Rule 15.24 and the Mauritian Securities Act 2005.
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