Schroders adjusts stake in M&G Credit Income Trust

Published 16/04/2025, 10:46
Schroders adjusts stake in M&G Credit Income Trust

LONDON - Schroders (LON:SDR) Plc has reported a change in its holdings in M&G Credit Income Investment Trust PLC (MGCI), as per a regulatory announcement on April 16, 2025. The investment management firm, headquartered in London, crossed a threshold in its voting rights on April 15, 2025.

The notification, mandated under the Disclosure and Transparency Rules (DTR), indicates that Schroders now holds 9.918414% of the voting rights in the M&G Credit Income Investment Trust, a decrease from the previously notified 10.103812%. This change amounts to a total of 16,215,986 voting rights directly held.

The disclosure does not report any voting rights held through financial instruments, suggesting that Schroders’ interest in the trust is purely through share ownership. The regulatory announcement did not elaborate on the reasons behind the change in Schroders’ stake.

M&G Credit Income Investment Trust PLC, listed on the London Stock Exchange (LON:LSEG) with the ISIN GB00BFYYL325, is designed to provide shareholders with regular dividends through exposure to a diversified portfolio of public and private credit assets.

The announcement comes as part of routine market disclosures that provide transparency on the activities of major shareholders in publicly traded companies. Such notifications are essential for investors to understand changes in the ownership structure that could potentially influence a company’s governance and strategy.

This report is based on a press release statement and aims to present the information without endorsement or speculative commentary.

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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