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LONDON - Unicorn Asset Management Limited, a UK-based investment firm, has altered its shareholding in Pulsar Group plc, according to a notification filed with the Financial Conduct Authority (FCA) and the issuer on Wednesday. The adjustment in voting rights crossed the notifiable threshold on Tuesday, resulting in a change in the firm’s total holdings in the company.
The notification, following the TR-1: Standard form for notification of major holdings, indicated that Unicorn Asset Management’s voting rights in Pulsar Group plc have decreased from 5.11% to 4.81%. This change was due to transactions that occurred on May 13, 2025, and the company was informed the following day.
Pulsar Group plc, whose shares are traded under the ISIN code GB00BGQVB052, now sees Unicorn Asset Management holding a total of 6,521,405 voting rights. The notification clarified that these rights are attached directly to shares, with no financial instruments involved that would confer voting rights.
The shareholding change is a straightforward alteration in the percentage of ownership, with no other financial instruments or proxy voting arrangements reported. The press release did not specify the reason behind the disposal of shares or the intentions of Unicorn Asset Management regarding its investment in Pulsar Group plc.
The details provided in the notification are based on the total number of voting rights in Pulsar Group plc, which amounts to 135,593,476. It is a regulatory requirement for shareholders to notify the relevant issuer and the FCA when their shareholding crosses a notifiable threshold, ensuring transparency in the market.
Investors and market observers often monitor such notifications for insights into the movements of major shareholders, which can reflect their confidence in the company’s performance or strategic direction. However, without further information or commentary from Unicorn Asset Management, the implications of this change in shareholding remain speculative.
This news article is based on a press release statement and aims to provide investors with up-to-date and factual information regarding the recent changes in the shareholding of Pulsar Group plc.
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