DFS Furniture PLC has announced that Perpetual Limited, a company based in Australia, has acquired 10.042% of the voting rights in the company. The acquisition was notified on April 4, 2024, and the threshold was crossed on April 3, 2024. This acquisition has resulted in Perpetual Limited holding a total of 23,514,673 voting rights in DFS Furniture PLC.
The details of the shareholder indicate that Perpetual Limited holds these voting rights directly. Additionally, the notification reveals that Perpetual Limited holds these rights through its controlled undertakings, including Perpetual Acquisition Company Limited and Pendal Group Limited, both of which also hold 10.042% of the voting rights in DFS Furniture PLC.
This acquisition of voting rights by Perpetual Limited and its controlled undertakings represents a significant development in the ownership structure of DFS Furniture PLC. It will be interesting to see how this new major holding may impact the company's strategic decisions and future developments.