on Molten Ventures Plc (isin : GB00BY7QYJ50)
BlackRock Increases Stake in Molten Ventures Plc
BlackRock, Inc. has increased its stake in Molten Ventures Plc, reaching a total of 13% of voting rights in the company. This marks a rise from the previous 12.89%, as indicated in the notification on October 31, 2024. The voting rights are divided into 11.69% held directly and 1.31% through financial instruments.
Molten Ventures Plc, a UK-based entity, is identified by the ISIN GB00BY7QYJ50. The threshold was crossed on October 30, 2024, with BlackRock, a U.S.-registered firm in Wilmington, notifying the issuer subsequently.
The rise in voting rights is attributed to an acquisition involving both shares and financial instruments like securities lending. BlackRock's substantial holdings position the firm as a significant player in Molten Ventures, reflecting its strategic interest in the company's governance.
R. P.
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