How are energy investors positioned?
LONDON - Spreadex Ltd, a UK-based financial trading company, has altered its holdings in Xeros Technology Group PLC, crossing a notable threshold of voting rights and financial instruments, as per a recent regulatory filing.
On February 14, 2025, Spreadex's combined total of voting rights and financial instruments in Xeros Technology Group reached 5.8503%, a change from the previous notification where it held 6.7434%. This change occurred through the acquisition or disposal of shares and financial instruments. The resulting situation shows Spreadex now directly holds 4.4306% of voting rights with 23,069,493 shares and an additional 1.4197% through financial instruments, specifically Contracts for Difference (CFDs) and spread bets totaling 7,392,163 voting rights.
Spreadex, founded in 1999, is regulated by the Financial Conduct Authority (FCA) and offers trading services including spread betting and contracts for difference (CFDs). The company provides access to trade across a broad range of global markets, specializing in UK small caps among other offerings.
The notification, completed on February 17, 2025, in the UK, is a standard disclosure according to the Financial Conduct Authority's Disclosure and Transparency Rules. These rules mandate that investors must notify the market when their shareholding in a listed company reaches, exceeds, or falls below certain thresholds.
This adjustment in holdings by Spreadex comes as part of the normal ebb and flow of market activities and does not necessarily indicate a strategic shift by the company. The details of the transaction were made public through a regulatory news service, which is endorsed by the Financial Conduct Authority in the UK to provide primary information.
Investors and market participants often monitor such disclosures closely, as they can indicate changes in significant shareholdings which may influence market perceptions and the strategic direction of the company in question. However, it is important to note that the disclosure does not necessarily reflect on the performance or market position of Xeros Technology Group PLC.
This report is based on a press release statement and aims to provide a factual account of the event without any endorsement or speculation regarding the implications of Spreadex's adjusted stake in Xeros Technology Group.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.