Orbis Allan Gray Limited, a company based in Bermuda, has notified B&M European Value Retail S.A. of an acquisition or disposal of voting rights. The threshold was crossed or reached on August 29, 2023, and B&M was notified on August 30, 2023.
Orbis Allan Gray Limited now holds 4.991% of the voting rights attached to shares in B&M European Value Retail S.A., with a total of 50,001,944 voting rights. This is a decrease from their previous position of 5.027% of voting rights.
The notification also includes information about the full chain of controlled undertakings through which the voting rights are effectively held. Orbis Allan Gray Limited is the ultimate controlling person, with controlled undertakings including Orbis Holdings Limited and Orbis Investment Management Limited.
No information is provided regarding proxy voting.
The notification was completed on August 30, 2023.