First Property Group PLC received a notification of major holdings from Peter Gyllenhammar AB, a Swedish entity, on February 19, 2024. The notification was made due to an acquisition or disposal of voting rights on February 16, 2024. The total number of voting rights held in the issuer by Peter Gyllenhammar AB was 24,422,452, representing 22.026% of the voting rights attached to shares.
The notification also detailed the breakdown of the shareholder's holdings through various controlled undertakings. Notably, Browallia Asset Management Ltd, controlled by Mr. Peter Gyllenhammar, holds 11.505% of the voting rights, while Silversläggan Invest AB, another controlled undertaking, holds 10.029% of the voting rights.
Additionally, the notification provided information on the ownership structure of Bronsstädet AB, Galjaden Invest AB, and Silversläggan Invest AB, indicating that Bronsstädet AB controls 55.04% of the shares of Silversläggan Invest AB, and Galjaden Invest AB holds the remaining 44.96% of the shares. Galjaden Invest AB is fully owned by Galjaden Holding AB, which is in turn owned 80% by Bronsstädet AB and 20% by Silvatica AB.
The notification also included details of the financial instruments and their impact on the voting rights. It is important to note that this notification is in compliance with the standard form for notification of major holdings.
This notification provides transparency regarding the significant changes in the ownership structure of First Property Group PLC and offers insights into the distribution of voting rights among various entities controlled by Peter Gyllenhammar AB.