RE: WCM Investment Management, LLC12 Mar 2025 01:54
Did they buy £2bn worth or did they just cross a 3% holding threshold from a previous position that required a legal RNS posting? I think the latter. AI answer below. So it could have been a purchase of only 0.13% of company not 3.12%
AI Overview
+1
In the UK, for UK-incorporated issuers, you need to make an RNS disclosure (and notify the FCA) when your holdings reach, exceed, or fall below 3% or any whole percentage point thereafter of the total voting rights. For non-UK incorporated issuers, the thresholds are 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%.