BlackRock, Inc. has notified Land Securities Group PLC of an increase in its voting rights. As of January 8, 2024, BlackRock, Inc. holds 10.29% of the voting rights in Land Securities Group PLC, up from the previous 10.38%. This increase is attributed to both direct voting rights and financial instruments. BlackRock, Inc. holds 74,998,375 direct voting rights, accounting for 10.06% of the total, and 492,735 voting rights through securities lending, representing 0.06%. Additionally, they hold 1,295,498 voting rights through financial instruments with similar economic effect, constituting 0.17%.
The notification also includes details of the chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held by BlackRock, Inc. This includes various entities such as BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., and several others.
This notification is in accordance with the TR-1: Standard form for notification of major holdings, and it provides transparency about the changes in voting rights within Land Securities Group PLC.