LONDON - Octopus Investments Limited, a UK-based investment firm, has reported a change in its shareholding in Learning Technologies Group PLC (LTG), a leading provider of services and technologies for digital learning and talent management. According to a regulatory filing with the London Stock Exchange (LON:LSEG) on Monday, January 6, 2025, Octopus Investments' voting rights in LTG have decreased to 7.87% from a previous notification of 8.26%.
The notification, dated January 7, 2025, indicates that the threshold was crossed on January 6. Octopus Investments now directly holds 62,378,508 voting rights in the learning technology company. The reduction in shareholding represents a shift in the investment firm's position, but the filing did not disclose specific reasons for the disposal of shares.
Octopus Investments Limited is part of the Octopus Group, which operates through various subsidiaries, including Octopus Capital Limited, known for its investments in technology, real estate, and energy sectors. The disclosure is part of the regulatory requirements that ensure transparency in the market, particularly regarding the acquisition and disposal of significant shareholdings in public companies.
Learning Technologies Group PLC, listed on the London Stock Exchange with the ticker LON:LTG, specializes in workplace digital learning and talent management solutions. The company has a diverse portfolio of products and services, serving clients across multiple industries.
The filing did not include any additional information regarding the intentions of Octopus Investments or potential impacts on Learning Technologies Group's operations or strategy. The change in shareholding is a factual development in the financial landscape of the company and is reported based on the press release statement issued through RNS, the news service of the London Stock Exchange.
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