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LONDON - Investment manager Schroders (LON:SDR) PLC has increased its stake in Creightons PLC to 11.03% of voting rights, according to a regulatory filing released Tuesday.
The transaction, which occurred on Monday, July 28, saw Schroders acquire additional shares in the personal care products manufacturer, bringing its total holding to 7,550,000 shares. This represents an increase from its previous position of approximately 10.01% of voting rights.
The notification was made in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, which require shareholders to disclose when their holdings cross certain thresholds.
Schroders Investment Management Limited, a subsidiary within the Schroders group, is the entity directly holding the shares, according to the filing. The investment firm maintains its registered office in London.
Creightons PLC, listed on the London Stock Exchange (LON:LSEG), specializes in the development and manufacture of personal care, beauty, and fragrance products.
The disclosure was made through a standard TR-1 form for notification of major holdings, based on a regulatory news service announcement published by Creightons PLC.
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