BlackRock, Inc. has notified a major change in its holdings in Pennon Group Plc. The notification, made in accordance with the standard form for notification of major holdings, indicates that BlackRock, Inc. has crossed a threshold in its voting rights in Pennon Group Plc. As of the notification date, BlackRock, Inc. holds 4.88% of voting rights attached to shares and 1.14% of voting rights through financial instruments, totaling 6.02% of voting rights with a total of 17,274,774 voting rights held in the issuer.
The details of the resulting situation on the date on which the threshold was crossed or reached are as follows: 4.88% of voting rights attached to shares, 1.11% of voting rights through financial instruments (financial instruments include American Depository Receipt, Securities Lending, and CFD), and 0.03% of voting rights through financial instruments with similar economic effect. The notification also provides a comprehensive list of the 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.
This notification provides transparency about the change in major holdings in Pennon Group Plc and offers insights into the ownership and voting rights structure within the company. It is an important regulatory disclosure that allows stakeholders and the market to understand the significant shifts in ownership and voting rights within the company.