On November 17, 2023, Focusrite PLC released a TR-1 notification regarding a major holding acquisition or disposal. Liontrust Investment Partners LLP, a shareholder of Focusrite PLC, crossed a threshold on November 15, 2023, resulting in a total of 12.269% of voting rights held in the company. This is an increase from their previous position of 5.146% of voting rights.
The notification also provides details of the resulting situation on the date the threshold was crossed. Liontrust Investment Partners LLP holds 6,998,429 direct voting rights, representing 11.984% of the total voting rights. They also hold 166,721 voting rights through financial instruments, representing 0.285% of the total voting rights.
Liontrust Asset Management Plc is the ultimate controlling person, and Liontrust Investment Partners LLP is a controlled undertaking. Together, they hold a total of 12.269% of voting rights in Focusrite PLC.
The TR-1 notification was completed on November 16, 2023.