Singapore firm crosses threshold in Cel AI PLC stake

SINGAPORE - Kaikalani Pte Ltd, a Singapore-based company, has acquired a significant stake in Cel AI PLC, crossing the threshold that obligates disclosure of its voting rights, according to a regulatory filing released on Monday, June 9, 2025. The notification, following the standard form for the notification of major holdings known as TR-1, indicates that Kaikalani now holds 4.15% of the voting rights in the UK-based artificial intelligence firm.

The threshold was crossed on Tuesday, June 2, 2025, with the total number of voting rights amounting to 31,250,000. This move requires the shareholder to notify the company and the market due to the size of the holding in relation to the company’s issued share capital.

The disclosure did not indicate any additional financial instruments that would alter the economic exposure of Kaikalani Pte Ltd in Cel AI PLC. The filing confirmed that the voting rights are directly held by the company and there is no indirect control of voting rights through other entities.

Matthew Lodge is identified in the notification as the ultimate controlling party of the voting rights, with a matching 4.15% stake. The notification does not specify any further intentions of Kaikalani Pte Ltd regarding its investment in Cel AI PLC, nor does it provide additional context for the acquisition of shares.

The notification was completed in Singapore on the date of the announcement, and the information was distributed by RNS, the news service of the London Stock Exchange (LON:LSEG). This disclosure is a regulatory requirement and is intended to provide transparency in the ownership structure of publicly traded companies.

Investors and market watchers often monitor such disclosures closely, as changes in significant shareholdings can have implications for company control and governance. However, the press release does not suggest any immediate impact on Cel AI PLC’s operations or strategy due to this change in shareholding.

The announcement is based on a press release statement and provides an updated snapshot of the shareholding structure of Cel AI PLC, as required by market regulations.

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