Schroders adjusts stake in Sosandar PLC

Published 04/06/2025, 13:58
Schroders adjusts stake in Sosandar PLC

LONDON - Investment management firm Schroders (LON:SDR) PLC has made changes to its holdings in Sosandar PLC, a fashion retailer, crossing a significant shareholding threshold. On Tuesday, Schroders’ total shareholding in Sosandar PLC decreased slightly to 13.975674% of the company’s shares outstanding, down from a previous notification indicating a holding of 14.000337%.

The adjustment in Schroders’ position was the result of transactions that took place on June 3, 2025, which brought their stake below the 14% mark. The notification, filed on Wednesday, June 4, 2025, detailed that the shares are indirectly held through a chain of controlled undertakings, including Schroder & Co. Limited and Schroder Investment Management Limited, with respective holdings of 5.263594% and 8.712079% in Sosandar PLC.

Schroders PLC, headquartered in London, UK, is a global asset management company that operates a variety of investment and wealth management services. The firm’s adjustment in its Sosandar PLC stake is a routine disclosure required for investors and the market to be informed about changes in significant shareholdings.

The total number of shares outstanding held in Sosandar PLC by Schroders PLC now stands at 34,691,330. This disclosure, made in accordance with regulatory requirements, aims to ensure transparency in the market and provides investors with up-to-date information on major holdings in publicly traded companies.

Sosandar PLC, listed on the London Stock Exchange (LON:LSEG), is known for its fashion offerings targeting women. The company has not issued any statement in relation to the change in Schroders PLC’s holdings.

The information in this article is based on a press release statement and is intended to provide shareholders and the investing public with relevant facts regarding the ownership and control of shares within Sosandar PLC.

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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