On November 2, 2023, Ascential PLC released a notification regarding a major holding in the company. The Capital Group Companies, Inc., based in Los Angeles, USA, acquired or disposed of voting rights in Ascential PLC on October 31, 2023. The total positions of The Capital Group Companies, Inc. on the date the threshold was crossed or reached are as follows: 2.44% of voting rights attached to shares, 0% of voting rights through financial instruments, and a total of 10,868,094 voting rights held in the issuer.
The resulting situation on the date the threshold was crossed or reached shows that The Capital Group Companies, Inc. holds 2.44% of direct voting rights through common stock in Ascential PLC, with 0% of indirect voting rights. There are no financial instruments with similar economic effect held by The Capital Group Companies, Inc.
The notification also provides information about the person subject to the notification obligation. The Capital Group Companies, Inc. is the ultimate controlling person, and it has controlled undertakings such as Capital Research and Management Company, Capital International, Inc., and others. These entities hold voting rights and/or financial instruments in Ascential PLC.
The Capital Group Companies, Inc. is the parent company of Capital Research and Management Company, which serves as the investment manager to the American Funds family of mutual funds and other clients. The company manages equity assets through three divisions. Capital Group International, Inc., a subsidiary of Capital Research and Management Company, is the parent company of six investment management companies that primarily serve institutional and high net worth clients.
It is important to note that neither The Capital Group Companies, Inc. nor any of its affiliates own shares of Ascential PLC for its own account. The shares reported in the notification are owned by accounts under the discretionary investment management of the investment management companies mentioned above.
The completion date of the notification was November 1, 2023.