Filtronic PLC has received a notification of major holdings from David and Monique Newlands. The notification, dated 13th May 2024, indicates that the total positions of the persons subject to the notification obligation show a 12.161% voting rights attached to shares and 0.816% of voting rights through financial instruments, resulting in a total of 12.977% with a total number of voting rights held in the issuer being 28,176,905.
The details of the resulting situation on the date on which the threshold was crossed or reached show that the voting rights attached to shares include 26,405,000 direct voting rights, accounting for 12.161%, and 1,771,905 voting rights through financial instruments with similar economic effect, representing 0.816%.
The notification also states 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 important information about the changes in voting rights and financial instruments related to Filtronic PLC, offering insights into the company's ownership structure and potential impact on decision-making processes.