The Government of the State of Kuwait has disclosed a 2.37% stake in Ascential PLC, a company listed on the London Stock Exchange. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes details of the relevant securities owned and controlled, with 4,839,174 shares representing the stake. The disclosure also states that there have been no recent dealings in the relevant securities. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The contact person for the disclosure is Paul Drake, and the date of disclosure is July 25, 2024.
This disclosure provides insight into the ownership and control of Ascential PLC by the Government of the State of Kuwait, offering transparency to the market and stakeholders. It indicates the government's significant interest in the company and may influence the company's corporate governance and strategic decisions. The disclosure also serves as a regulatory requirement under the Takeover Code, ensuring that relevant information is made available to the public and regulatory authorities.