On November 2, 2023, C&C Group plc received a notification of a major holding from Magallanes Value Investors SA SGIIC. The reason for the notification was an acquisition or disposal of voting rights. The shareholder, Managed Accounts/Funds, is based in Madrid, Spain. The threshold was crossed or reached on October 30, 2023, and the issuer was notified on November 2, 2023.
The total positions of the shareholder indicate that they hold 5.119% of the voting rights attached to shares in C&C Group plc. This is an increase from their previous position of 4.285%. The total number of voting rights held by the shareholder is 20,116,718.
The resulting situation on the date the threshold was crossed or reached shows that the shareholder has 0 direct voting rights and 20,116,718 indirect voting rights, representing 5.119% of the total voting rights.
The notification also includes information about financial instruments. There are no financial instruments with voting rights that may be acquired if exercised or converted. Additionally, there are no financial instruments with similar economic effect.
The ultimate controlling person is Grupo Tradifin, S.L. The controlled undertaking is Magallanes Value Investors SA SGIIC, which holds 5.119% of the voting rights if it equals or is higher than the notifiable threshold.
In terms of proxy voting, no information is provided regarding the proxy holder, the number and percentage of voting rights held, or the date until which the voting rights will be held.
Additional information included in the notification is that Magallanes Value Investors SGIIC SA reports as a Management Company of FUNDS and SICAV.
The notification was completed on November 2, 2023, and the place of completion is not specified.