SFM UK Management LLP has notified Elementis PLC of an acquisition or disposal of voting rights, crossing the threshold on July 10, 2024. The resulting situation on the date of the threshold being reached indicates a total of 4.960040% of voting rights attached to shares, with a total of 29,293,077 voting rights held in the issuer. This is a decrease from the previous notification, where the total number of voting rights held was 33,337,634, representing 5.74% of voting rights.
The notification also includes details of the shareholder, which includes major financial institutions such as Morgan Stanley, JP Morgan, Goldman Sachs, Citigroup, and Bank of America Merrill Lynch. The information provided by SFM UK Management LLP indicates that the ultimate controlling person is Soros Fund Management LLC, with SFM UK Holdings Limited and SFM UK Management LLP being the controlled undertakings through which the voting rights and/or the financial instruments are effectively held.
The notification provides comprehensive details of the acquisition or disposal of voting rights, including the full chain of controlled undertakings and the percentage of voting rights held. The information is in compliance with the standard form for notification of major holdings. The completion date of the notification was July 12, 2024.
For further details, the complete notification can be accessed on Elementis PLC's investor relations website.