FERREXPO PLC received a notification from BlackRock, Inc. on 18th March 2024 regarding an acquisition or disposal of voting rights and financial instruments. BlackRock, Inc. currently holds below 5% of voting rights attached to shares and below 5% of voting rights through financial instruments. The total number of voting rights held in the issuer is also below 5%. This is a decrease from the previous notification where BlackRock, Inc. held 5.01% of the total voting rights.
The notification provides detailed information about the chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held by BlackRock, Inc. This includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and several others.
The notification does not specify the reason for the acquisition or disposal of voting rights and financial instruments by BlackRock, Inc. It is important to note that this notification is in accordance with the standard form for notification of major holdings and is aimed at providing transparency about significant shareholding positions within FERREXPO PLC.
This notification from BlackRock, Inc. indicates a change in their holdings within FERREXPO PLC and provides insights into the distribution of voting rights and financial instruments within the company.