Sand Grove Capital Management LLP has acquired additional financial instruments in Star Energy Group PLC, resulting in a total of 12.75% of voting rights held in the company. This acquisition took place on August 10, 2023, and the notification was made on August 14, 2023.
The breakdown of the holdings is as follows:
- Direct voting rights: 3.57%
- Indirect voting rights through financial instruments: 9.18%
The financial instruments in question are equity CFDs, with a cash settlement and an expiration date. These instruments may result in the acquisition of an additional 11,735,520 voting rights, representing 9.18% of the total voting rights.
Sand Grove Capital Management LLP is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in Star Energy Group PLC.
No information regarding proxy voting or additional details were provided in the notification.
This notification was completed on August 14, 2023, and the information was supplied by Euroland.com.