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LONDON - Investment manager Schroders (LON:SDR) Plc has reduced its shareholding in educational technology and resources provider RM plc (LSE:RM.) to 11.99%, according to a regulatory filing released Tuesday.
The transaction, which took place on June 13, 2025, reduced Schroders’ position from its previous level of approximately 12.77%. The investment firm now holds 10,064,267 voting rights in RM plc.
The notification, made under the UK’s Disclosure and Transparency Rules, indicates that Schroders’ stake is held through its subsidiary Schroder Investment Management Limited.
RM plc, which provides educational resources, technology, and services to schools and educational institutions, received formal notification of the change on June 16, 2025.
The disclosure shows that Schroders holds only ordinary shares in RM plc and does not possess any additional voting rights through financial instruments.
This information was disclosed in a standard regulatory announcement for notifications of major holdings, based on a press release statement from RM plc.
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