LONDON – Premier Miton Group plc changed its holdings in Xeros Technology Group plc, a UK-based company, according to a regulatory filing dated December 24, 2024. The transaction, which exceeded the notifiable threshold on December 23, 2024, resulted in Premier Miton Group owning a loss of 4,561,279. % of voting rights in Xeros Technology through 23,749,960 shares.
Previously, Premier Miton Group's stake in Xeros Technology Group was 7.492033%. The latest adjustment represents a decrease in Premier Miton Group's shareholding in the company. The registration did not reveal the reasons for reducing the ownership stake.
The notification obligation arose after the voting rights had been acquired or disposed of. Premier Miton Group, with registered office in Guildford, USA Kingdom (Tadawul:), listed as a person subject to a notification obligation. The filing also confirmed that there are no financial instruments pursuant to DTR5.3.1R.(1)(a) or (b) that would provide additional voting rights.
This information is disclosed under the UK Disclosure and Transparency Rules (DTR), which require investors to notify the market when they reach, exceed or fall below certain shareholding thresholds in listed companies.
Xeros Technology Group plc, known for its innovations in materials science and engineering, is publicly traded London Stock Exchange (LON:) with ticker symbol XSG. The company specializes in technologies aimed at transforming water-intensive industrial and commercial processes.
Details in the regulatory filing are based on a press release and reflect the condition of the property as of the threshold date. This information is essential for shareholders and potential investors in understanding changes in significant ownership interests within Xeros Technology Group plc. The London Stock Exchange's news service, RNS, which is authorized by the UK's Financial Conduct Authority, issued the notice.
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