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ST HELIER, Jersey - Richard Griffiths, along with his controlled holdings, has crossed a notable threshold in share ownership of Pulsar Group Plc, as detailed in a notification of major holdings released on May 13, 2025. The notification, which follows the regulatory protocol for such disclosures, indicates that Griffiths’ stake in the company now stands at 4.16% of total voting rights.
The increase from a previous holding of 3.40% to 4.16% occurred on May 8, 2025. This change in shareholding required a formal notification to both the company and the Financial Conduct Authority (FCA) in the United Kingdom (TADAWUL:4280), where Pulsar Group Plc is listed. The total number of voting rights associated with this position is 5,636,955.
The filing did not indicate any acquisition or disposal of financial instruments that could affect voting rights, suggesting that the change relates solely to the direct purchase of shares. The detailed disclosure also confirms that the voting rights are held directly by Richard Griffiths and not through any financial instruments.
According to the notification, there are no other undertakings or entities controlled by Griffiths that hold an interest in Pulsar Group Plc that would affect the overall percentage of voting rights disclosed. The notice also clarifies that this notification is not related to proxy voting, as no proxy voting rights are held or applicable in this instance.
This information, provided by RNS, the news service of the London Stock Exchange (LON:LSEG), is based on a press release statement and is a standard requirement for transparency in share ownership for publicly traded companies. Such disclosures are important for investors and the market, as they provide insights into significant changes in company ownership that could influence governance and strategic decisions.
Richard Griffiths is known for his investment activities, and his increased stake in Pulsar Group Plc will likely be of interest to other shareholders and potential investors, as it could signal confidence in the company’s prospects or strategic direction. However, the notification does not provide any additional context or reasons for the increase in shareholding.
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