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LONDON - Spreadex LTD, a UK-based trading firm, has altered its holdings in Xeros Technology Group PLC, a company listed on the London Stock Exchange (LON:LSEG) with the ticker LSE:XSG. According to a regulatory filing on Thursday, May 29, 2025, Spreadex has crossed a threshold in its share and voting rights ownership in Xeros Technology Group.
The notification, dated May 28, 2025, indicates that Spreadex now holds 4.3058% of the voting rights attached to shares and 2.6728% through financial instruments, totaling 6.9786%. This marks a change from their previous notification where the company held a combined total of 7.0362% in voting rights. The total number of voting rights now held by Spreadex in Xeros Technology Group is 36,336,656.
The financial instruments that led to the crossing of the threshold are Contracts for Difference (CFDs) and spread bets, both of which are popular among traders for speculating on price movements without owning the underlying asset.
Spreadex, established in 1999, is regulated by the Financial Conduct Authority (FCA) and offers a platform for trading in a wide range of global markets, including UK small caps. The company’s adjustment in its holdings in Xeros Technology Group is a routine financial transaction and is part of the standard operations for firms engaging in trading activities.
The regulatory filing provides transparency in the market by informing the public and the investors about significant changes in share ownership. This disclosure is in accordance with the UK’s Disclosure and Transparency Rules, which aim to ensure fair and efficient markets.
The information about Spreadex’s adjusted stake in Xeros Technology Group is based on the press release statement issued by the London Stock Exchange’s news service RNS.
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