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LONDON - Placifor Investment Corporation has decreased its shareholding in Global Connectivity PLC (LSE:GCN) to 10.89% from 11.36%, according to a regulatory filing released Tuesday.
The Bahamas-based investment firm now holds 35,309,262 voting rights in the UK telecommunications company. The change in ownership was reported in a TR-1 standard form for notification of major holdings.
The threshold crossing occurred on October 14, 2025, with the issuer notified on the same day. The shares are held through Forest Nominees Limited, which acts as a nominee company for Placifor’s holdings.
The filing indicates that Placifor holds all voting rights directly, with no financial instruments or similar economic instruments reported as part of its position in Global Connectivity.
Placifor Investment Corporation is listed as the ultimate controlling entity of the shareholding, according to the disclosure made to the London Stock Exchange.
The notification was completed in the Isle of Man and submitted in compliance with UK regulatory requirements for reporting significant changes in ownership of publicly traded companies.
This information was disclosed in a regulatory news service announcement issued by Global Connectivity PLC.
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