Bakkavor Group PLC received a notification of major holdings from The Baupost Group, L.L.C and BP-PE5, L.L.C. The notification, dated 11/01/2024, indicated a change in the breakdown of voting rights. The resulting situation on the date the threshold was crossed or reached showed 0.0% of voting rights attached to shares and through financial instruments, with a total of 0 voting rights held in the issuer.
The Baupost Group, L.L.C, based in Boston, USA, and its controlled undertakings, including Baupost Group GP, L.L.C., were identified as the entities subject to the notification obligation. The ultimate controlling person, Seth A. Klarman, was listed with 0.0% of voting rights and 0.0% through financial instruments.
Bakkavor Group PLC, a leading provider of fresh prepared food in the UK, US, and China, operates with over 18,500 colleagues across 44 sites. The company supplies a wide range of products to leading grocery retailers in the UK and US, as well as international food brands in China. The portfolio includes over 2,900 products across meals, pizza & bread, salads, and desserts, leveraging consumer insight and scale to provide innovative food with quality, choice, convenience, and freshness. For further inquiries, institutional investors and analysts can contact Ben Waldron, Chief Financial Officer, and Annabel Tagoe-Bannerman, Group General Counsel & Company Secretary.
This notification of major holdings provides insight into the changes in voting rights within Bakkavor Group PLC and reaffirms the company's position as a key player in the fresh prepared food market across multiple high-growth markets.