Auto Trader Group PLC received a notification of major holdings from BlackRock, Inc. on May 30, 2024. BlackRock, Inc. now holds 9.97% of voting rights in Auto Trader Group PLC, with 9.56% attached to shares and 0.41% through financial instruments. This represents a change from the previous notification, where BlackRock, Inc. held 10.97% of voting rights, with 9.84% attached to shares and 1.13% through financial instruments.
The notification details the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held by BlackRock, Inc. This includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and others.
The financial instruments held by BlackRock, Inc. include American Depository Receipt, Securities Lending, and Contracts for Difference (CFD). These instruments contribute to the 0.41% of voting rights held through financial instruments.
The notification provides a comprehensive breakdown of the voting rights and financial instruments held by BlackRock, Inc., offering transparency about the changes in their holdings and the resulting impact on Auto Trader Group PLC.