LONDON - Premier Miton Group plc has changed its holdings in Xeros Technology Group plc, a UK-based company, according to a regulatory filing dated December 24, 2024. The transaction, which crossed the notifiable threshold on December 23, 2024, resulted in Premier Miton Group holding 4.561279% of Xeros Technology's voting rights through 23,749,960 shares.
Previously, Premier Miton Group's stake in Xeros Technology Group was reported at 7.492033%. The recent adjustment marks a decrease in Premier Miton Group's shareholding in the company. The filing did not disclose the reasons for the reduction in the ownership stake.
The notification obligation arose following an acquisition or disposal of voting rights. Premier Miton Group, with its registered office in Guildford, United Kingdom (TADAWUL:4280), is listed as the person subject to the notification obligation. The filing also confirmed that there are no financial instruments according to DTR5.3.1R.(1) (a) or (b) that would provide additional voting rights.
The disclosure of this information is mandated under the UK's Disclosure and Transparency Rules (DTR), which require investors to notify the market when they reach, exceed, or fall below certain shareholding thresholds in listed companies.
Xeros Technology Group plc, known for its innovations in material science and engineering, is traded on the London Stock Exchange (LON:LSEG) with the ticker symbol XSG. The company specializes in technologies that aim to transform water-intensive industrial and commercial processes.
The details provided in the regulatory filing are based on a press release statement and reflect the state of holdings as of the date the threshold was crossed. This information is crucial for shareholders and potential investors in understanding the changes in significant ownership stakes within Xeros Technology Group plc. The London Stock Exchange's news service, RNS, approved by the Financial Conduct Authority in the UK, released the notification.
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