LONDON - Spreadex LTD, a UK-based financial services firm, has altered its shareholding in Corcel PLC, a company listed on the London Stock Exchange (LON:LSEG) with the ISIN GB00BKM69866. The change in the ownership structure occurred on December 31, 2024, and was officially notified to the issuer on January 2, 2025.
The notification, complying with the Transparency Directive’s regulatory framework, indicated that Spreadex now holds a combined total of 7.9728% in Corcel PLC, which translates to 306,500,000 voting rights. This figure is a result of direct voting rights attached to shares, accounting for 3.9539%, and voting rights through financial instruments, specifically Contracts for Difference (CFDs) and Spread Bets, which represent 4.0189%.
Previously, Spreadex held a higher percentage in Corcel PLC, with a total of 8.2116% of the voting rights. The recent adjustment reflects a decrease in their total holding, as detailed in the breakdown of voting rights. The direct voting rights correspond to 152,000,000 shares, while the financial instruments could potentially provide Spreadex with another 154,500,000 voting rights if exercised.
Spreadex, established in 1999 and regulated by the Financial Conduct Authority (FCA), offers spread betting and CFD trading across a variety of markets, including UK small caps.
The disclosure of this information adheres to market transparency obligations and provides shareholders and potential investors with a clear view of significant changes in share ownership. This announcement is based on a press release statement and is intended to keep the market informed of notable changes in the ownership of publicly traded companies.
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