Schroders Plc has notified Ferrexpo PLC of an acquisition of voting rights. The notification states that on October 30, 2023, Schroders Plc crossed a threshold and now holds 5.000593% of the voting rights in Ferrexpo PLC. This represents a slight increase from their previous position of 4.988966%.
The total number of voting rights held by Schroders Plc in Ferrexpo PLC is 30,208,077. Of these, 29,910,408 are direct voting rights, representing 5.000593% of the total, and 297,669 are voting rights through financial instruments, representing 0.049766% of the total. The financial instruments in question are cash-settled contracts for difference (CFDs).
Schroders Plc is the ultimate controlling person in this acquisition of voting rights. They hold these rights through a chain of controlled undertakings, including Schroder Administration Limited, Schroder International Holdings Limited, and Schroder Investment Management Limited.
No information is provided regarding proxy voting or the date until which the voting rights will be held.
This notification was completed on October 31, 2023, and the place of completion is Euroland.com.