T. Rowe Price Associates, Inc., a major shareholder of Ascential PLC, has increased its stake in the company. The notification, released on 8th April 2024, indicates that T. Rowe Price International Ltd, a subsidiary of T. Rowe Price Associates, Inc., now holds 8.986061% of voting rights in Ascential PLC. This increase is a result of both direct voting rights and financial instruments.
The details provided in the notification show that T. Rowe Price International Ltd holds 5.302202% of voting rights through direct shares and 3.683859% through financial instruments. The total number of voting rights held by T. Rowe Price International Ltd in Ascential PLC is 40,050,294.
The notification also includes information about the full chain of controlled undertakings through which the voting rights and financial instruments are effectively held, starting with the ultimate controlling person, T. Rowe Price Associates, Inc.
This notification provides insight into the increased stake of T. Rowe Price Associates, Inc. in Ascential PLC, indicating a potential show of confidence in the company's future prospects.