Schroders Plc has acquired a 10.04% voting rights position in James Fisher & Sons PLC. The acquisition was notified on May 8, 2024, with the total number of voting rights held in the issuer amounting to 5,072,333. This acquisition was disclosed through a TR-1 form, indicating an increase in Schroders Plc's influence within the company.
The notification outlines that Schroders Plc holds the voting rights directly and indirectly through various controlled undertakings, with Schroder Investment Management Limited being one of the entities through which the voting rights are effectively held.
This development signifies a notable change in the ownership structure of James Fisher & Sons PLC, with Schroders Plc now holding a significant voting rights position. Such acquisitions often indicate a strategic interest or investment in the company, potentially influencing its future decisions and direction.
The completion date for this notification was May 9, 2024, and it was filed at the James Fisher's place of completion. This acquisition by Schroders Plc is a significant event that could impact the decision-making processes and governance of James Fisher & Sons PLC moving forward.