On December 7, 2023, Focusrite PLC released a TR-1 notification, which is a standard form for notification of major holdings. The reason for the notification was an acquisition or disposal of voting rights. Liontrust Investment Partners LLP is the person subject to the notification obligation, with Liontrust Asset Management Plc being the shareholder. The threshold was crossed or reached on December 6, 2023, and the issuer was notified on December 7, 2023.
The resulting situation on the date the threshold was crossed or reached is as follows: Liontrust Investment Partners LLP holds 11.97% of voting rights attached to shares directly and 0.366% of voting rights through financial instruments, resulting in a total of 12.336% of voting rights. The total number of voting rights held in the issuer is 7,203,976. This is a decrease from the previous notification, where Liontrust Investment Partners LLP held 12.006% of voting rights directly and 0.289% of voting rights through financial instruments, resulting in a total of 12.295% of voting rights.
The details of the resulting situation on the date the threshold was crossed or reached are as follows: Liontrust Investment Partners LLP holds 6,990,527 direct voting rights, which represents 11.97% of the total voting rights. There are no indirect voting rights. In addition, there are 213,449 voting rights that may be acquired through securities lending, representing 0.366% of the total voting rights.
Liontrust Asset Management Plc is the ultimate controlling person, and Liontrust Investment Partners LLP is a controlled undertaking. Liontrust Asset Management Plc holds 11.97% of voting rights directly and 0.366% of voting rights through financial instruments, resulting in a total of 12.336% of voting rights.
No information is provided regarding proxy voting. The TR-1 notification was completed on December 7, 2023.