FBD Holdings PLC has received a notification of major holdings from FBD Trust Company CLG, based in Dublin, Ireland. The notification, dated 04/04/2024, indicates that FBD Trust Company CLG now holds 16.59% of the voting rights attached to shares in FBD Holdings PLC, representing a threshold crossing from the previous 14.34%. This change in voting rights is attributed to the acquisition of both direct and indirect voting rights.
Specifically, the notification details the breakdown of voting rights as follows: 11.49% from direct voting rights attached to shares and 5.10% from 8% Preference Shares, totaling 16.59%. Additionally, the notification confirms that FBD Trust Company CLG is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer.
The notification provides comprehensive information in accordance with the standard form for notification of major holdings, including the total number of voting rights of the issuer and details of financial instruments with similar economic effect. The disclosure offers transparency regarding the changes in voting rights and the entities involved, ensuring compliance with regulatory requirements.
This notification of major holdings from FBD Trust Company CLG to FBD Holdings PLC and the Central Bank of Ireland reflects a significant increase in voting rights and underscores the importance of transparency and regulatory compliance in major shareholding transactions within the company.