Redde Northgate PLC has received a notification of major holdings from Richard Griffiths and controlled undertakings. The reason for the notification is an increase due to ongoing share buybacks. The total positions of the person subject to the notification obligation show a resulting situation of 3.04% of voting rights on the date the threshold was crossed or reached. This is an increase from the previous notification. The details of the resulting situation on the date the threshold was crossed or reached include 6,848,497 voting rights attached to shares, representing 3.04% of voting rights.
Additionally, there are financial instruments with similar economic effect, such as cash-settled financial instruments, which contribute to the total voting rights. The person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer. The notification was completed in St Helier, Jersey, on 17 April 2024.
The notification provides a comprehensive overview of the increase in voting rights held by Richard Griffiths and controlled undertakings in Redde Northgate PLC. It offers detailed information on the voting rights attached to shares and financial instruments, as well as the breakdown of the holdings through controlled undertakings. This notification is essential for stakeholders and investors to understand the changes in major holdings within the company.