DFS Furniture PLC has announced that Aviva PLC has acquired a 6.29% stake in the company. Aviva PLC is a UK-based insurance company. The acquisition of voting rights took place on November 30, 2023, and the notification was made on December 1, 2023. Aviva PLC now holds a total of 14,723,644 voting rights in DFS Furniture PLC.
The notification states that Aviva PLC holds both direct and indirect voting rights. The direct voting rights amount to 6,957,777, while the indirect voting rights amount to 7,765,867. This represents 2.97% and 3.32% of the total voting rights, respectively.
The notification also provides information on the chain of controlled undertakings through which Aviva PLC holds the voting rights. Aviva Group Holdings Limited, Aviva Investors Holdings Limited, and Aviva Investors Global Services Limited are all subsidiaries of Aviva PLC and hold the same 6.29% voting rights.
The notification concludes by stating that the change in voting rights is a result of a 3% to <3% change at the direct interest level.
No information is provided regarding proxy voting or additional details about the transaction.
This announcement provides insight into Aviva PLC's increased stake in DFS Furniture PLC, indicating potential confidence in the company's future prospects.