Norges Bank, the central bank of Norway, has notified Chemring Group PLC of a change in its holdings. As of January 11, 2024, Norges Bank's total voting rights attached to shares in Chemring Group PLC amount to 2.939940%, representing 8,089,466 voting rights. This indicates a decrease from the previous position of 3.028050%. The notification was made on January 12, 2024, and the completion took place in the UK.
The notification follows the standard form for the disclosure of major holdings, as required by the Disclosure Guidance and Transparency Rules Chapter 5 (DTR5) of the Financial Conduct Authority (FCA). The form provides detailed information about the identity of the issuer, the reason for the notification, the person subject to the notification obligation, and the total positions of the person(s) subject to the notification obligation.
The notification indicates that Norges Bank is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in Chemring Group PLC. Additionally, it states that there are no proxy voting arrangements in place.
This notification provides transparency regarding Norges Bank's holdings in Chemring Group PLC and ensures compliance with regulatory requirements. It offers insight into the changes in major holdings within the company, contributing to a comprehensive understanding of its shareholder landscape.