Unicorn Asset Management Limited has notified Oxford BioDynamics PLC of a significant increase in its stake, crossing the threshold of 10% of voting rights attached to shares. As of April 5, 2024, Unicorn Asset Management Limited holds 11.40% of the voting rights, representing 25,131,526 shares in the company. This marks a notable increase from their previous position of 8.31% of voting rights.
Unicorn AIM VCT plc, a shareholder related to Unicorn Asset Management Limited, is also listed in the notification, with its registered office in Newton Abbot, United Kingdom. The notification specifies that the figures are based on the total voting rights of 220,537,869.
The notification indicates that the reason for the notification is an event changing the breakdown of voting rights, specifically an acquisition of voting rights. The details provided in the notification align with the requirements of the TR-1: Standard form for notification of major holdings.
This update provides insight into the shifting ownership landscape of Oxford BioDynamics PLC, with Unicorn Asset Management Limited and related entities significantly increasing their stake in the company.