LONDON - Harwood Capital LLP, a London-based investment firm, has adjusted its holdings in Kooth PLC, a UK issuer with the ISIN GB00BMCZLK30, according to a notification filed with the London Stock Exchange (LON:LSEG). The transaction, which crossed the notifiable threshold on Monday, resulted in Harwood Capital holding a total of 1,650,000 voting rights, equating to 4.53778% of Kooth PLC's total voting rights.
The change in Harwood Capital's stake in Kooth PLC occurred on November 25, 2024, and the company was notified two days later, on November 27, 2024. Rockwood Strategic Plc, under the ultimate control of Christopher Harwood Bernard Mills, is the controlled undertaking through which Harwood Capital holds these voting rights.
As per the regulatory filing, there are no financial instruments according to DTR5.3.1R.(1) (a) or with similar economic effect according to DTR5.3.1R.(1) (b) associated with the voting rights. Therefore, the entire percentage of voting rights is strictly associated with the shares held directly by Harwood Capital.
The disclosure of such changes in shareholding is a regulatory requirement for major holdings in the United Kingdom (TADAWUL:4280), ensuring transparency in the financial markets. It is pertinent for investors to be aware of such changes as they might influence the company's strategic decisions and market perception.
Kooth PLC has not provided additional information regarding the transaction, and the completion of the notification process took place at the London Stock Exchange. This adjustment in holdings is a straightforward financial transaction and is reported based on a press release statement. It is essential to note that such filings are routine and are not indicative of the company's operational performance or future prospects.
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