On October 12, 2023, Aptitude Software Group PLC released a TR-1 notification regarding a major holding acquisition or disposal. The notification was made by Mission Trail Capital Management LLC, a company based in Austin, United States. The threshold was crossed or reached on October 9, 2023, and the issuer was notified on October 11, 2023.
The total positions of Mission Trail Capital Management LLC in terms of voting rights are as follows: 7.664935% of voting rights attached to shares and 0.000000% of voting rights through financial instruments. The total number of voting rights held in the issuer is 4,394,890.
This represents an increase from the previous notification, where Mission Trail Capital Management LLC held 5.529744% of voting rights attached to shares and 0.000000% of voting rights through financial instruments.
The resulting situation on the date the threshold was crossed or reached is that Mission Trail Capital Management LLC now holds 7.664935% of voting rights attached to shares.
The TR-1 notification also provides information about the person subject to the notification obligation. It states that the ordinary shares are held for the account of Mission Trail Partners, LP, which is managed by Mission Trail Capital Management, LLC. Mission Trail Partners, LP is controlled by its general partner, Mission Trail GP LP, which is controlled by its general partner, Mission Trail GP Holdings LLC.
It is important to note that Mission Trail Capital Management, LLC expressly disclaims beneficial ownership of the shares held by the Fund.
The TR-1 notification was completed on October 11, 2023, and the place of completion is not specified.