Understanding Rathbones Group Plc's Recent Disclosures
Key Takeaways from Rathbones Group Plc Disclosures
Rathbones Group Plc has made significant public disclosures regarding its interests in shares, particularly concerning Assura Plc. Understanding these disclosures can provide insights into the company's current standing and strategic direction in the investment landscape.
Company Details
The entity responsible for the recent disclosures is none other than Rathbones Group Plc, a company that plays a significant role in wealth management. The firm has been transparent since its inception, ensuring stakeholders are informed about critical financial activities.
Positions Held by Rathbones Group Plc
At the heart of Rathbones' disclosures is a focus on positions held in relevant securities. As reported, the group controls a significant share portfolio in Assura Plc, which amounts to 152,927,256 shares, equivalent to approximately 4.70% of the company's total shareholding. This ownership level indicates a substantial interest and commitment to providing value to shareholders.
Understanding Share Holdings
The interested securities are categorized as 10p Ordinary Shares, making up a notable fraction of the shares issued by Assura Plc. Such holdings demonstrate Rathbones' confidence in the long-term performance of Assura Plc, reflecting strategic investment choices aligned with corporate governance principles.
Insight into Recent Transactions
Rathbones recently engaged in several transactions involving its shares. These include purchases and sales characterized by a fluctuating market price. The recent activity comprised:
Recent Share Purchases
Recently, Rathbones has executed purchases, acquiring 4,155 shares at a price of 40.9408p per unit. Additionally, they purchased another 5,000 shares at 41.2104p each. These transactions reflect an active strategy and commitment to leveraging favorable market conditions.
Sales Activity
Conversely, the group also sold shares, including 12,166 shares at a price of 40.8842p per unit. Continuing this trend, Rathbones sold an additional 44,625 shares at 41.0422p. These transactions may be part of a broader strategy to manage liquidity and capitalize on share price movements.
Communication and Compliance
Rathbones Group Plc has demonstrated a strong commitment to compliance with the disclosure rules under the Takeover Code, evidencing transparency in dealings. The company maintains open lines of communication, with compliance inquiries directed to Callum Ridley of the Compliance Department.
Contact Information
Stakeholders and interested parties can reach out to Rathbones' compliance team at 0151 243 7037 for further inquiries regarding their disclosure practices and other corporate governance matters.
Other Noteworthy Information
Rathbones has confirmed that there are no indemnity agreements or options entered into that could influence their holdings or dealings significantly. They're committed to adhering to the highest standards of corporate governance.
Regulatory Compliance
To ensure that the interests of stakeholders are protected, Rathbones Group engages with the regulatory frameworks and maintains close alignment with required disclosures. Their continuous auditing of activities underscores their reputable standing in the finance industry.
Frequently Asked Questions
What is Rathbones Group Plc’s role in the market?
Rathbones Group Plc is a prominent investment management firm that manages assets for clients, focusing on maximizing investment returns while ensuring transparent practices.
How many shares does Rathbones control in Assura Plc?
Rathbones controls 152,927,256 shares in Assura Plc, which is about 4.70% of the total shares outstanding.
What recent transactions have Rathbones made?
Recently, Rathbones made purchases and sales of Assura Plc shares, demonstrating active management of their investment portfolio.
Who can I contact for more information about Rathbones?
You can contact Callum Ridley from Rathbones' Compliance Department at 0151 243 7037 for any inquiries.
What are the company's principles for disclosure?
The company adheres to strict compliance with the disclosures as stated in the Takeover Code, ensuring transparency and accountability.
About The Author
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