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LONDON - Investment management firm Schroders (LON:SDR) Plc has increased its stake in RM plc (LSE:RM.) to 12.07% of voting rights, according to a regulatory filing released Thursday.
The notification shows Schroders now holds 10,125,000 voting rights in the education technology and resources company, crossing a disclosure threshold on June 25. This represents an increase from its previous position of approximately 11.99%.
The stake is held through Schroder Investment Management Limited, a controlled undertaking of Schroders Plc, according to the standard form for notification of major holdings.
The disclosure, made under UK regulatory requirements, indicates the position consists entirely of voting rights attached to shares, with no additional rights held through financial instruments.
RM plc, listed on the London Stock Exchange (LON:LSEG), operates in the education sector providing technology, resources and services to educational institutions.
The information is based on a regulatory announcement transmitted by RM plc through the EQS Group.
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