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LONDON - Spreadex LTD, a UK-based financial trading company, has reported a change in its holdings in Corcel PLC, a UK issuer with the ISIN code GB00BKM69866. The notification, dated June 5, 2025, indicates that Spreadex crossed a threshold of voting rights on that date.
The disclosed alteration of Spreadex’s investment position in Corcel PLC resulted in a reduction of their total voting rights from 5.8836% to 4.9844%. This change came about through an adjustment in financial instruments, specifically Contracts for Difference (CFDs) and spread bets, which now represent 2.2859% of voting rights, down from 3.1851%. Direct voting rights attached to shares remained constant at 2.6985%, correlating to 150 million shares.
The notification, completed on June 6, 2025, in the UK, was made in compliance with the Financial Conduct Authority’s Disclosure and Transparency Rules. It is a standard form for notification of major holdings, which companies are required to use to announce significant changes in share ownership.
Spreadex LTD, an FCA regulated entity, offers spread betting and CFD trading services and has been operational since 1999. The company provides access to a wide range of markets, including UK small caps, to both retail and professional traders.
The shift in Spreadex’s holdings in Corcel PLC is a transactional event that market observers and investors in Corcel PLC may find significant. It is indicative of Spreadex’s trading activities and investment strategy concerning Corcel PLC’s shares and financial instruments.
This report is based on a press release statement and is intended to provide shareholders and the wider market with transparent information regarding changes in significant shareholdings.
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