First Property Group PLC received a notification of major holdings from Peter Gyllenhammar AB, a company based in Stockholm, Sweden. The notification, dated 20th May 2024, indicates that Peter Gyllenhammar AB acquired voting rights in First Property Group PLC, crossing the threshold on 17th May 2024. The total number of voting rights held in the issuer by Peter Gyllenhammar AB is 26,632,852, representing 24.019% of the voting rights attached to shares.
The notification also provides details of the controlled undertakings through which the voting rights and/or financial instruments are effectively held. It includes the percentage of voting rights held by each controlled undertaking, such as Bronsstädet AB, Galjaden Holding AB, Galjaden Invest AB, Browallia Asset Management Ltd, and Silversläggan Invest AB, among others.
Additionally, the notification includes information about the ownership structure, stating that Bronsstädet AB controls 55.04% of the shares of Silversläggan Invest AB, while Galjaden Invest AB holds the remaining 44.96% of the shares. Galjaden Invest AB is fully owned by Galjaden Holding AB, which is 80% owned by Bronsstädet AB and 20% by Silvatica AB.
The notification provides a comprehensive overview of the acquisition of voting rights by Peter Gyllenhammar AB and the related controlled undertakings, offering insights into the ownership and voting rights structure within First Property Group PLC.