BlackRock, Inc. has notified CVS Group PLC and the FCA of a major holding, crossing the threshold of 7% of voting rights. As of 01/02/2024, BlackRock, Inc. holds 7.41% of voting rights directly and 0.62% through financial instruments, totaling 8.03%. This amounts to 5,759,170 voting rights. The notification includes details of the financial instruments and the chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held.
The breakdown of voting rights includes 5,314,414 voting rights attached to shares, 14,739 voting rights through securities lending, and 430,017 voting rights through financial instruments with similar economic effect. BlackRock, Inc. is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in CVS Group PLC.
The notification also lists the chain of controlled undertakings, starting with BlackRock, Inc. and detailing the percentage of voting rights held at each level. The notification does not include information on proxy voting. This notification provides transparency about the significant holding of voting rights by BlackRock, Inc. in CVS Group PLC.