Octopus Investments Limited, a shareholder of Frontier IP Group PLC, has acquired 9.01% of voting rights in the company. The acquisition was notified on 6th August 2024 and reported on 7th August 2024. This results in Octopus Investments Limited holding a total of 5,059,704 voting rights in Frontier IP Group PLC.
The acquisition of voting rights by Octopus Investments Limited is a significant development in the ownership structure of Frontier IP Group PLC. This acquisition is in line with the regulatory requirements for notification of major holdings. The notification provides detailed information about the percentage of voting rights attached to shares and through financial instruments, as well as the total number of voting rights held by Octopus Investments Limited.
The notification also includes information about the full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities. In this case, Octopus Capital Limited is the ultimate controlling person, and Octopus Investments Limited holds 9.01% of voting rights.
This notification provides transparency regarding the changes in the ownership structure of Frontier IP Group PLC and offers insights into the significant acquisition of voting rights by Octopus Investments Limited. It is an important update for investors and stakeholders of Frontier IP Group PLC, as it reflects the evolving ownership landscape of the company.