Public Opening Position Disclosure by Rathbones Group Plc
This document aims to highlight the important position disclosures made by Rathbones Group Plc, a key player in the financial services sector, particularly focusing on its interests in the relevant securities of De La Rue Plc.
Key Disclosure Information
About the Discloser
Rathbones Group Plc, a leading investment and wealth management firm, has significant interests in the market. With a robust portfolio, Rathbones is committed to transparency in its financial dealings.
Relevant Securities and Dealings
For the securities in relation to De La Rue Plc, Rathbones has disclosed an ownership interest. The firm operates with considerable attention to compliance with the Takeover Code which mandates such disclosures for transparency in the securities market.
Positions Held by Rathbones Group
As of the latest reporting, Rathbones Group Plc holds a notable interest in 44 152/175p ordinary shares of De La Rue Plc. Specifically, they control 7,445,224 shares, translating to approximately 3.79% of the company's equity. This data underscores the significant stake Rathbones has in the ongoing developments of De La Rue.
Nature of Holdings and Interests
This disclosure encapsulates various classes of relevant securities owned, and it asserts the company's commitment to sharing essential details. The transparency surrounding stock positions is crucial for investors seeking to understand their investment landscape.
Dealings Undertaken
Recently, Rathbones conducted a sale of 21,900 ordinary shares of De La Rue at a price point of 118p per share. This transaction reflects Rathbones' strategic maneuvers within the market while adhering to regulatory standards.
Future Directions and Intentions
Currently, there are no disclosed cash-settled derivatives or stock-settled derivatives linked to this transaction. Rathbones remains focused on its established strategy while continually reviewing its stance in the dynamic marketplace.
Other Relevant Information
Compliance Transparency
Rathbones Group has confirmed that there are no indemnity agreements or arrangements which could affect the securities held in relation to De La Rue Plc. This assurance further promotes their dedication to maintaining ethical standards in their operations.
For any inquiries or further engagement regarding this disclosure, stakeholders can reach out to the compliance department, which is always ready to address concerns related to investments and disclosures.
Frequently Asked Questions
What is Rathbones Group's interest in De La Rue Plc?
Rathbones Group holds 7,445,224 shares in De La Rue Plc, accounting for about 3.79% of the company's securities.
How does Rathbones Group ensure compliance with the Takeover Code?
Rathbones Group adheres to stringent disclosure practices mandated by the Takeover Code, emphasizing transparency in its dealings.
What recent transaction did Rathbones Group conduct regarding De La Rue Plc?
Recently, Rathbones sold 21,900 ordinary shares of De La Rue Plc at a price of 118p per share.
Who can I contact for more information about Rathbones Group's disclosures?
For inquiries, reach out to Chinwe Enyi from the Compliance Department at Rathbones Group.
Are there any existing derivative transactions linked to Rathbones Group's holdings?
No cash-settled or stock-settled derivatives were disclosed in the recent reporting.
