Lombard Odier Asset Management (Europe) Limited has notified On the Beach Group PLC of a decrease in their voting rights. As of August 15, 2024, the entity holds 4.95% of voting rights attached to shares, representing 8,267,249 voting rights. This marks a decrease from their previous position of 5.00% of voting rights.
The notification specifies that the decrease is due to an acquisition or disposal of voting rights. Lombard Odier Asset Management (Europe) Limited is based in London, United Kingdom, and the notification was completed in London as well.
The notification does not indicate any proxy voting or additional information related to the decrease in voting rights. The information provided is in accordance with the standard form for notification of major holdings (TR-1) and is compliant with the Directive 2004/109/EC.
This notification provides transparency regarding changes in major holdings within On the Beach Group PLC and offers insight into the shifting landscape of voting rights within the company.