B&M European Value Retail S.A. received a TR-1 notification of major holdings from GIC Private Limited, a Singapore-based company. The notification, dated 31/01/2024, disclosed that GIC Private Limited, through Vidacos Nominees Limited and Nortrust Nominees Limited, crossed a threshold on 26/01/2024, resulting in a 5.102506% total position of voting rights attached to shares, which amounts to 51,167,466 voting rights held in the issuer.
The notification detailed the breakdown of voting rights, with 5.102506% held directly and indirectly through financial instruments. The financial instruments held were not specified in the notification. GIC Private Limited confirmed it is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer.
The completion of the notification took place in Singapore. The notification provides essential information about the change in major shareholding in B&M European Value Retail S.A., offering insights into the company's ownership structure and significant stakeholders.