Ameriprise Financial, Inc., a company based in Minneapolis, has crossed a threshold in its holdings of FirstGroup PLC. The threshold was crossed due to a change in the issued share capital. As of October 20, 2023, Ameriprise Financial, Inc. holds 15.005% of the voting rights in FirstGroup PLC, with a total of 99,874,993 voting rights. This is an increase from their previous position of 14.015% of the voting rights.
The holdings of Ameriprise Financial, Inc. are held through two chains of controlled undertakings. In the first chain, Threadneedle Asset Management Limited holds 14.431% of the voting rights. In the second chain, Columbia Threadneedle Management Limited holds 0% of the voting rights.
It is important to note that Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is wholly owned by Threadneedle Asset Management Holdings Limited, which is wholly owned by TAM UK Holdings Limited, which is wholly owned by Threadneedle Holdings Limited, which is wholly owned by TAM UK International Holdings Limited, which is wholly owned by Ameriprise Financial, Inc.
Similarly, Columbia Threadneedle Management Limited is wholly owned by Columbia Threadneedle Holdings Limited, which is wholly owned by Columbia Threadneedle Group (Management) Limited, which is wholly owned by Columbia Threadneedle Group (Holdings) Limited, which is wholly owned by Columbia Threadneedle AM (Holdings) Plc, which is wholly owned by Columbia Threadneedle (Europe) Limited, which is wholly owned by Columbia Threadneedle Investments UK International Limited, which is wholly owned by Ameriprise Financial, Inc.
The notification of the threshold crossing was made on October 24, 2023.