BlackRock, Inc., a financial services company based in the USA, has acquired voting rights in ST. JAMES'S PLACE PLC. The acquisition was notified on 27th May 2024 and the threshold was crossed on 24th May 2024. BlackRock, Inc. now holds 8.14% of voting rights attached to shares and 1.86% of voting rights through financial instruments, totaling 10% of voting rights. This amounts to a total of 54,871,161 voting rights held in the issuer.
The breakdown of the voting rights held by BlackRock, Inc. includes 44,678,835 direct voting rights (8.14%) and 27,406 voting rights through securities lending (0.01%), as well as 10,164,920 voting rights through CFD (1.85%). The notification also provides a detailed chain of 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 is in accordance with the TR-1: Standard form for notification of major holdings. It provides transparency about significant shareholdings and voting rights to the market and the company, allowing investors and stakeholders to understand the ownership structure and potential influence of major shareholders.