Crossing thresholds by Baillie Gifford at NEXANS

On June 23, 2025, Baillie Gifford & Co. lowered its holdings of 5% of NEXANS' capital and voting rights. Following a share sale on the market, the management company now holds 2,143,931 shares, representing 4.90% of the capital and voting rights. This change was reported to the French Financial Markets Authority (AMF) by letter on June 25, 2025.

This transaction is significant for NEXANS, as it reflects an adjustment in the stake of Baillie Gifford, a key investor. NEXANS, listed on Euronext Paris, is thus seeing one of its investors reduce its involvement. This dynamic could influence future strategic decisions within the company in terms of management and direction.