Auto Trader Group plc has received a notification of a decrease in voting rights from BlackRock, Inc. The reason for the notification is a decrease in holding following a client instruction to elect for decision making on voting rights. The total positions of BlackRock, Inc. on the date the threshold was crossed or reached are as follows: 9.84% of voting rights attached to shares, 1.13% of voting rights through financial instruments, and a total of 10.97% of voting rights. BlackRock, Inc. holds a total of 100,394,491 voting rights in Auto Trader Group plc.
The resulting situation on the date the threshold was crossed or reached is a decrease in voting rights from the previous notification. The previous notification showed a position of 9.91% of voting rights attached to shares, 1.09% of voting rights through financial instruments, and a total of 11% of voting rights.
The details of the resulting situation on the date the threshold was crossed or reached are as follows: 8A. Voting rights attached to shares - 89,910,166 direct voting rights, representing 9.84% of voting rights. 8B1. Financial Instruments - 1,660,276 voting rights that may be acquired if the instrument is exercised/converted, representing 0.17% of voting rights. 8B2. Financial Instruments with similar economic effect - 8,824,049 voting rights, representing 0.96% of voting rights.
The notification also provides information on the person subject to the notification obligation, BlackRock, Inc., and its chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held. The chain includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and others.