LONDON - APG Asset Management N.V., based in Amsterdam, Netherlands, has altered its shareholding in UK-based SSP Group PLC, a significant operator in the food and beverage industry within travel locations worldwide. The transaction, which crossed the notification threshold on January 10, 2025, was disclosed to SSP Group on the same day.
The Dutch asset management company has reduced its holdings to 4.8946% of SSP Group's voting rights, translating to a total of 39,184,787 voting shares. This marks a decrease from the previous notification, where APG Asset Management held 5.621% of the voting rights. The press release did not disclose the reasons behind the change in shareholding or any additional information regarding the intentions of APG Asset Management.
SSP Group, known for its presence in airports, train stations, and other travel venues, operates brands that include both proprietary and franchised outlets. The adjustment in shareholding by APG Asset Management may be of interest to investors and market analysts as shareholding patterns can influence a company's strategic direction and governance.
The notification of this change in major holdings is part of the regulatory requirements that ensure transparency in the ownership of publicly traded companies. Such disclosures are essential for the proper functioning of financial markets, providing investors and stakeholders with relevant information to make informed decisions.
This news is based solely on a press release statement and does not include any speculative content or subjective assessment. It is intended to provide a factual report of APG Asset Management's adjusted shareholding in SSP Group PLC.
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