BlackRock, Inc. has notified Breedon Group PLC of a major shareholding acquisition, crossing a threshold on June 10, 2024. BlackRock, Inc. now holds 10.02% of voting rights in Breedon Group PLC, with 8.59% attached to shares and 1.43% through financial instruments. This represents an increase from their previous position of 6.73% of voting rights. The total number of voting rights held by BlackRock, Inc. in Breedon Group PLC is 34,459,357.
The notification details the breakdown of voting rights and financial instruments held by BlackRock, Inc. and its controlled undertakings. The chain of controlled undertakings through which the voting rights and financial instruments are effectively held is also provided, showing the various entities and their respective percentages of voting rights and financial instruments.
This notification indicates a significant increase in BlackRock, Inc.'s stake in Breedon Group PLC, which could potentially impact the company's shareholder structure and decision-making processes. It also highlights BlackRock, Inc.'s continued interest and investment in Breedon Group PLC, signaling confidence in the company's future prospects and performance.