Spreadex adjusts stake in Xeros Technology Group

Published 07/03/2025, 14:00
Spreadex adjusts stake in Xeros Technology Group

LONDON - Spreadex Ltd, a UK-based financial services firm, has altered its holdings in Xeros Technology Group PLC, according to a regulatory filing dated March 6, 2025. The adjustment occurred on Monday, crossing the threshold that necessitated the disclosure to the London Stock Exchange (LON:LSEG).

The company, which provides spread betting and contracts for difference (CFD) trading, now holds a combined total of 6.028% in voting rights within Xeros Technology Group. This figure is a sum of direct voting rights attached to shares, amounting to 4.0465%, and voting rights through financial instruments, which stand at 1.9815%. The total number of voting rights held by Spreadex in the issuer is 31,386,656.

The change represents a shift from the previous notification, where Spreadex held 5.8503% in combined voting rights, indicating a strategic adjustment in their investment in the technology company.

Xeros Technology Group, listed on the London Stock Exchange with the ISIN GB00BMGYBJ57, is a UK issuer that has not been notified of any control by natural persons or legal entities over Spreadex nor any controlling interest by Spreadex in other undertakings with a direct or indirect interest in Xeros.

The details of the transactions leading to the notification include a direct holding of 21,069,493 voting rights in shares and an additional 10,317,163 voting rights that may be acquired through financial instruments in the form of CFDs or spread bets.

Founded in 1999, Spreadex offers trading opportunities in over 10,000 global markets, including UK small caps, and is regulated by the Financial Conduct Authority (FCA).

This update on Spreadex’s holdings in Xeros Technology Group is based on a press release statement and is intended to inform investors of significant changes in share ownership that could potentially influence market and investor decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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