Liontrust Investment Partners LLP, a subsidiary of Liontrust Asset Management Plc, has acquired additional voting rights in Focusrite PLC. The acquisition was notified on 31st July 2024, with the threshold being crossed on 30th July 2024. The total voting rights held by Liontrust Investment Partners LLP now stand at 14.696%, up from the previous 14.027%. This increase includes both direct voting rights and voting rights through financial instruments.
The details of the acquisition show that Liontrust Investment Partners LLP holds 14.137% of direct voting rights and 0.559% of voting rights through financial instruments. The financial instruments include securities lending, with an expiration date open for exercise at any time, potentially acquiring 0.559% of voting rights.
The notification also includes information about the controlled undertakings through which the voting rights and financial instruments are effectively held, starting with Liontrust Asset Management Plc as the ultimate controlling entity.
This TR-1 notification provides an insight into the increase in voting rights held by Liontrust Investment Partners LLP in Focusrite PLC, indicating a potential shift in the company's ownership structure.