on Halfords (isin : GB00B012TP20)
Morgan Stanley Reduces Stake in Halfords Group PLC
Morgan Stanley has significantly reduced its stake in Halfords Group PLC. According to a recent notification, the financial entity's total holding in the company has dropped below the 5% threshold, reaching 4.999315% as of February 6, 2025. This marks a notable decline from their previous holding of 5.991141% in voting rights attached to shares.
The notification, completed in Mumbai on February 10, 2025, indicates that Morgan Stanley has utilized the trading book exemption, a regulatory relief, given the dip below the notifiable threshold. The move underscores the dynamic nature of financial portfolios and strategic adjustments in response to market conditions.
Halfords' ISIN code is GB00B012TP20, and the issuer retains sole responsibility for this regulatory announcement.
R. P.
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