Spreadex increases stake in Xeros Technology Group

Published 28/05/2025, 14:34
Spreadex increases stake in Xeros Technology Group

LONDON - Spreadex Ltd, a UK-based financial trading company, has notified of a significant change in its holdings in Xeros Technology Group PLC, a firm listed on the London Stock Exchange (LON:LSEG) with the ticker LSE:XSG. On Monday, Spreadex crossed a notable threshold, increasing its total percentage of voting rights in Xeros Technology to 7.0362%, as per a regulatory filing.

The transaction occurred on Sunday, May 23, 2025, with Spreadex acquiring additional shares and financial instruments such as Contracts for Difference (CFDs) and spread bets, resulting in an increase in both direct and indirect voting rights within the company. Spreadex now holds 4.4018% of direct voting rights through shares and 2.6344% through financial instruments, totaling 36,636,656 voting rights in Xeros Technology.

This marks a shift from the previous notification where Spreadex held a combined total of 6.9883% of voting rights. The change reflects Spreadex’s growing interest in Xeros Technology, which specializes in the development of innovative technologies.

Spreadex, founded in 1999, is regulated by the Financial Conduct Authority (FCA) and offers trading services in numerous global markets, including UK small caps, to both retail and professional traders.

The notification was completed on May 27, 2025, and the details of the transaction were made public through the London Stock Exchange’s news service RNS, which is authorized by the Financial Conduct Authority in the UK. This disclosure ensures transparency in the market and allows shareholders and potential investors to be informed about significant changes in company ownership.

The information reported is based on a press release statement and provides a clear view of the recent movements in the shareholder structure of Xeros Technology Group PLC.

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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