LONDON - Oxford Metrics PLC (LSE:OMG), a UK-based provider of motion measurement and analytics technology, has experienced a shift in its major shareholdings. MI Chelverton UK Equity Growth Fund has decreased its stake in the company, as reported on Tuesday.
The fund, which has its registered office in Chelmsford, United Kingdom (TADAWUL:4280), crossed the threshold on Monday, December 3, 2024, resulting in a change in its total voting rights. Before the change, MI Chelverton UK Equity Growth Fund held 5% of the voting rights in Oxford Metrics. As of the latest notification, the fund now holds 4.82% of the voting rights, equivalent to 6,250,000 shares.
This adjustment in shareholding was promptly notified to Oxford Metrics on the same day, in compliance with regulatory requirements. According to the notification, there are no financial instruments with similar economic effect involved in this change of ownership.
The details of the new shareholding structure were completed and documented in Chelmsford on December 3, 2024. Oxford Metrics PLC has not provided any additional information regarding this change in major holdings.
Investors and stakeholders in Oxford Metrics PLC may take note of this change in the company's shareholding pattern, which could be indicative of MI Chelverton UK Equity Growth Fund's investment strategy adjustments. Such shifts in major holdings are essential information for the market, reflecting the investment community's evolving perspective on the company's performance and prospects.
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