EQTEC PLC received a notification of major holdings from Catalyse Capital Ltd & related parties RS & CA, indicating a change in the breakdown of voting rights. The notification, dated 03/04/2024, revealed that the total positions of the notifying party amounted to less than 3% of voting rights attached to shares and financial instruments, with a total of 181,485,890 voting rights of the issuer. This represents a decrease from the previous notification, which stood at 5.60% of voting rights.
The details of the resulting situation on the date the threshold was crossed or reached showed that Catalyse Capital Ltd & related parties RS & CA held 2,325,000 voting rights, accounting for 1.28% of voting rights, directly through ordinary shares of 0.1 pence each in EQTEC PLC. Additionally, they held 1,500,000 voting rights, representing 0.83% of voting rights, through a spreadbet (long) financial instrument.
The notification also confirmed that the person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
This notification provides insight into the changes in major holdings within EQTEC PLC, specifically by Catalyse Capital Ltd & related parties RS & CA, and their impact on the voting rights and financial instruments associated with the company.