Wittington Investments ups stake in Associated British Foods

Published 01/04/2025, 16:56
Wittington Investments ups stake in Associated British Foods

LONDON - In a recent shift of ownership, Wittington Investments Limited has increased its stake in Associated British Foods (OTC:ASBFY) PLC (ABF), as disclosed in a mandatory notification of major holdings. According to the report, the threshold was crossed on March 31, 2025, with the issuer being notified the following day.

The new holding sees Wittington Investments Limited’s total voting rights in the UK-based food processing and retailing company rise to 58.091065%, up from the previous notification of 57.090458%. This change represents a significant stake of 421,243,985 voting rights within the company.

The majority of these rights are attributed to direct voting rights associated with shares, with a smaller portion coming from indirect voting rights. Specifically, Wittington Investments Limited has direct voting rights to 403,341,215 shares and indirect rights to 17,902,770 shares. This division translates to 55.622208% and 2.468857% of direct and indirect voting rights, respectively.

The notification did not mention any financial instruments with voting rights, indicating that the entire holding is through share ownership. The breakdown of the voting rights is as follows: Wittington Investments Limited directly holds 55.622208%, while its controlled undertaking, Howard Investments Limited, holds 2.468857%.

This information is based on a press release statement and reflects the latest reported changes in the ownership structure of Associated British Foods PLC. The notification of major holdings is a regulatory requirement that provides transparency in the ownership of publicly traded companies.

The report was completed on April 1, 2025, at 10 Grosvenor Street, London, and is disseminated by RNS, the news service of the London Stock Exchange (LON:LSEG). This regulatory disclosure ensures market participants are informed about significant changes in share ownership that may influence company control and decision-making.

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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