The Capital Group Companies, Inc. has notified a change in its holdings in Diploma PLC. The notification, dated 3rd April 2024, states that The Capital Group Companies, Inc. crossed a threshold on 27th March 2024, resulting in 13.768433% of voting rights attached to shares, with a total of 18,462,364 voting rights held in the issuer. This is a decrease from the previous position of 14.160000% of voting rights.
The notification provides details of the shareholder, The Capital Group Companies, Inc., and its controlled undertakings, including Capital Research and Management Company, Capital International Limited, Capital International Sarl, Capital International, Inc., and SMALLCAP World Fund, Inc. The Capital Group Companies, Inc. is the parent company of Capital Research and Management Company, which serves as the investment manager to the American Funds family of mutual funds, among other clients.
The notification also clarifies that neither The Capital Group Companies, Inc. nor any of its affiliates own shares of Diploma PLC for its own account. Instead, the shares reported in the notification are owned by accounts under the discretionary investment management of one or more of the investment management companies under The Capital Group Companies, Inc.
The completion date of the notification was 28th March 2024, and it was completed at Diploma PLC.
This notification provides insight into the changes in major holdings by The Capital Group Companies, Inc. in Diploma PLC, offering transparency and clarity regarding the voting rights and the entities involved in the holdings.