Frasers Group Plc has acquired 23.08% of the voting rights in AO World PLC, crossing the notifiable threshold on January 12, 2024. The total number of voting rights held in the issuer by Frasers Group Plc is 133,513,235. This acquisition was notified to AO World PLC on January 15, 2024. The ultimate controlling person behind this acquisition is Michael Ashley, with Frasers Group plc being the controlled undertaking.
This acquisition represents an increase from the previous position, which stood at 22.20% of the voting rights. The acquisition includes 23.08% of direct voting rights and 0% of voting rights through financial instruments. The notification also includes details of the person subject to the notification obligation, including the full chain of controlled undertakings through which the voting rights are effectively held.
The notification does not include information regarding proxy voting or additional details. The completion date for this acquisition notification was January 15, 2024. The place of completion is not specified in the notification.
This notification provides essential details about Frasers Group Plc's acquisition of voting rights in AO World PLC, including the percentage of voting rights acquired, the date of the threshold crossing, and the ultimate controlling person behind the acquisition.