Flowtech Fluidpower PLC has received a notification from Downing LLP regarding the acquisition of voting rights. The notification, in accordance with the standard form for notification of major holdings, details the acquisition or disposal of voting rights by Downing LLP. The total positions of the person(s) subject to the notification obligation indicate a 7.36% voting rights attached to shares, with a total of 4,524,519 voting rights held in the issuer.
The notification specifies that the acquisition of voting rights occurred on 21st May 2024, with the issuer being notified on 22nd May 2024. Downing LLP, along with Downing Strategic Micro-Cap Investment Trust and client funds managed by Downing LLP, collectively hold the voting rights. The notification also includes details of the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held.
This notification provides essential information about the change in voting rights within Flowtech Fluidpower PLC, offering transparency and insight into the company's shareholder landscape. It is a standard procedure for major holdings and contributes to the overall understanding of the company's ownership structure and voting rights distribution.