LONDON - Liontrust Investment Partners LLP has altered its stake in Auction Technology Group (LON:ATG) PLC, as indicated by a regulatory filing submitted to the London Stock Exchange (LON:LSEG) on January 22, 2025. The transaction, which took place on January 20, 2025, resulted in Liontrust crossing the threshold that mandates disclosure of shareholding changes.
The investment firm now holds a total of 6.776% of Auction Technology Group's voting rights, combining direct voting rights attached to shares and voting rights through financial instruments such as securities lending. Specifically, Liontrust directly holds 6.345% of the voting rights, with an additional 0.431% obtained through financial instruments.
In terms of share numbers, the direct voting rights amount to 7,762,062 shares, while the financial instruments could potentially give Liontrust control over another 527,522 shares if exercised. The total number of voting rights held by Liontrust in Auction Technology Group now stands at 8,289,584.
The disclosure is a standard requirement under the Disclosure Guidance and Transparency Rules, which mandate the notification of major holdings in UK listed companies. Liontrust Investment Partners LLP is part of Liontrust Asset Management (LON:LIO) Plc, the ultimate controlling party behind the disclosed voting rights.
This adjustment in shareholding is a significant financial move, reflecting Liontrust's investment strategy and confidence in Auction Technology Group's market position. Investors and market watchers often monitor such changes in major holdings for indications of investment firms' views on the potential and performance of the companies in their portfolios.
The information provided in this article is based on a press release statement, offering a factual account of Liontrust Investment Partners LLP's updated stake in Auction Technology Group PLC.
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