Lombard Odier Asset Management (Europe) Limited has notified Hostelworld Group PLC of a change in its holdings. The notification states that Lombard Odier Asset Management (Europe) Limited acquired voting rights in Hostelworld Group PLC on November 2, 2023. The total percentage of voting rights held by Lombard Odier Asset Management (Europe) Limited is now 5.39%, compared to the previous position of 4.99%. The total number of voting rights held by Lombard Odier Asset Management (Europe) Limited is 6,658,992.
The notification also includes details of the financial instruments held by Lombard Odier Asset Management (Europe) Limited. They hold financial instruments with similar economic effect, specifically CFDs (Contracts for Difference), which have an expiration date and a cash settlement. The number of voting rights associated with these financial instruments is 2,223,780, representing 1.80% of the total voting rights.
The notification clarifies that Lombard Odier Asset Management (Europe) Limited is not controlled by any natural person or legal entity and does not control any other undertakings holding an interest in Hostelworld Group PLC.
The notification was completed in London, United Kingdom on November 3, 2023.