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LONDON - Spreadex Ltd, a UK-based financial trading company, has notified that it has crossed a notable threshold in its shareholding of Xeros Technology Group plc, according to a disclosure made to the London Stock Exchange (LON:LSEG) on May 2, 2025.
The notification, which follows the rules of the Disclosure and Transparency Rules (DTR) of the UK’s Financial Conduct Authority, indicates that as of May 1, 2025, Spreadex’s combined direct and indirect holdings in Xeros Technology Group reached 7.0843%, crossing the threshold that triggers a mandatory reporting to the market.
The breakdown of Spreadex’s position shows that the company now directly holds 4.0465% of the voting rights attached to shares, while an additional 3.0378% is held through financial instruments, specifically Contracts for Difference (CFDs) and spread bets. This brings Spreadex’s total voting rights to 36,886,656 in the innovative technology firm known for its water-saving and filtration technologies.
Previously, Spreadex held a total of 6.028% in Xeros Technology Group, indicating a recent increase in their investment. The acquisition of additional financial instruments has resulted in an increase in Spreadex’s potential influence in the company.
Spreadex, established in 1999 and regulated by the Financial Conduct Authority (FCA), offers spread betting and CFD trading across a wide range of markets. The company has a particular interest in UK small-cap companies, such as Xeros Technology Group.
This strategic move by Spreadex may be of interest to investors and market watchers, as it reflects a growing confidence in Xeros Technology Group’s market position and future prospects. The disclosure is based on a press release statement provided by RNS, the news service of the London Stock Exchange.
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