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Rathbones adjusts stake in Kistos Holdings

Published 06/03/2025, 13:04
Rathbones adjusts stake in Kistos Holdings
RAT
0.65%

LONDON - Rathbones Investment Management Ltd has altered its holdings in UK-based Kistos Holdings PLC, according to a regulatory filing on Thursday. The transaction, which crossed the notifiable threshold on Monday, March 4, 2025, resulted in Rathbones holding a 4.9957% stake in the energy company, a slight decrease from the previous notification of 5.3725%.

The filing, completed on Wednesday, March 5, 2025, at the Port of Liverpool Building, Liverpool, disclosed that the total number of voting rights Rathbones now holds in Kistos amounts to 4,139,650 shares. There were no financial instruments involved in the change of ownership.

Rathbones Group Plc, through its subsidiaries including Rathbones Investment Management Limited and Investec (LON:INVP) Wealth & Investment Limited, is the ultimate controlling party behind the adjusted stake. Specifically, Investec Wealth & Investment Limited holds 4.8197% of the voting rights, while Investec Wealth & Investment (Channel Islands) accounts for 0.1761%.

The notification did not include any additional information regarding the reasons behind the change in Rathbones’ investment position or any details on proxy voting. The London Stock Exchange (LON:LSEG)’s news service RNS, which is authorized by the Financial Conduct Authority, distributed this information as part of its regulatory obligations.

Investors monitor such notifications closely as changes in major holdings can reflect shifts in investor sentiment and can sometimes precede strategic moves by the company or its investors. Kistos Holdings PLC, which operates in the energy sector, is subject to the financial market’s scrutiny, particularly regarding its performance and strategic direction.

This news is based on a press release statement and provides an update on the shareholding structure of Kistos Holdings PLC, a detail that may interest shareholders and potential investors.

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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