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LONDON - Investment manager Schroders Investment Management Limited has decreased its shareholding in Colefax Group PLC to 18.95%, according to a regulatory filing released Thursday.
The transaction, which occurred on October 28, reduced Schroders’ position from its previous level of 19.94%. The investment firm now holds 990,250 shares in the company, as disclosed in a TR-1 notification submitted to the London Stock Exchange.
Colefax Group, a UK-based company listed on the London Stock Exchange, reported the change in major holdings in accordance with market regulations. The notification was made public two days after the threshold was crossed.
The filing indicates that Schroders Investment Management Limited is part of a corporate structure that includes Schroders PLC, Schroder Administration Limited, and Schroder International Holdings Limited, though none of these parent entities individually crossed reporting thresholds.
The disclosure, required under UK financial regulations, provides transparency regarding significant changes in ownership of publicly traded companies. The information was provided through a regulatory news service approved by the Financial Conduct Authority.
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