Mattioli Woods Alters Stake in Custodian Property Income REIT

Custodian Property Income REIT plc (CREI) has disclosed a significant change in holdings by Mattioli Woods PLC, according to a regulatory announcement released on 09-Apr-2024. The notification, required under the Market Abuse Regulation (MAR), details shifts in voting rights acquired or disposed by Mattioli Woods PLC in CREI.

The Leicester-based firm crossed a threshold on 08-Apr-2024, leading to an adjustment in their holdings. As of the latest notification, Mattioli Woods holds 2.95% of voting rights in Custodian REIT, which translates to 12,997,612 voting rights in total. This marks a decrease from their previous holding of 3.80%. The shares are managed across various discretionary client portfolios and Mattioli Woods multi-asset funds, primarily held under FNZ Nominees Limited, Pershing Nominees Limited, and Citi Bank.

The change reflects adjustments within portfolios managed by Mattioli Woods on a discretionary basis, indicating a restructuring of their investment strategy concerning CREI. The notification emphasizes the firm’s voting rights solely, with no financial instruments contributing to the voting power. Such disclosures serve to maintain transparency in ownership structures and market movements.