LONDON - APG Asset Management N.V., the Dutch pension fund manager, has altered its stake in UK-based SSP Group PLC, as per a regulatory filing with the London Stock Exchange (LON:LSEG) on January 10, 2025. The notification, which follows standard form TR-1, indicates a change in the holdings that crossed the notifiable threshold on January 9, 2025.
SSP Group, known for operating food and beverage outlets in travel locations globally, has seen its share of ownership change hands, with APG Asset Management now holding 5.621% of the voting rights. This equates to a total of 45 million voting rights within the company. The adjustment marks a decrease from the previous notification, where APG held 6.9825% of the voting rights.
The disclosure did not indicate any voting rights through financial instruments, suggesting that APG Asset Management's interest is purely in the form of direct share ownership. The filing did not report any proxy voting rights, and it stated that APG Asset Management does not control any other undertakings that hold an interest in SSP Group PLC.
The transaction occurred across the threshold on January 9, with the issuer, SSP Group PLC, being notified the following day. APG Asset Management, headquartered in Amsterdam, Netherlands, is a significant investor in various sectors, including infrastructure, real estate, and equities.
The report submitted to the London Stock Exchange is part of the regulatory requirements that ensure transparency in the financial markets, allowing investors to be informed of significant changes in company ownership. Such notifications are crucial for maintaining the integrity of the markets and providing shareholders and potential investors with the information needed to make informed decisions.
This news is based on a press release statement and provides an update on the latest shareholding changes in SSP Group PLC, a company listed on the London Stock Exchange under the ticker LSE:SSPG.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.