on Molten Ventures Plc (isin : GB00BY7QYJ50)
Molten Ventures Plc Announces Changes in Major Holdings by AVI Global Trust plc
Molten Ventures Plc, a prominent UK issuer, reported a significant update in its shareholding structure. The notification, based on the TR-1 standard form, confirmed an acquisition or disposal of voting rights by AVI Global Trust plc. This transaction, completed on March 4, 2024, led to a notable shift in the percentage of shares held by the shareholder.
Previously, AVI Global Trust plc held 3.959639% of the voting rights in Molten Ventures Plc. However, following the recent transaction, their stake has decreased to 2.820529%, amounting to 4,915,094 voting rights. This change was officially notified to the issuer on March 5, 2024, further highlighting the dynamic nature of shareholding structures in publicly traded companies.
It is essential to note that the adjustment in voting rights is solely through shares, with no financial instruments involved. This move signifies a strategic change in AVI Global Trust plc's investment in Molten Ventures Plc. The London-based shareholder confirmed that no other underlying financial instruments facilitated this shift, underscoring a direct change in share ownership.
R. P.
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