Disclosure Details of Rathbones Group Plc Regarding Learning Technologies Group Plc

On October 11, 2024, Rathbones Group Plc released a public opening position disclosure as per the Takeover Code, specifically under Rule 8.3. This rule mandates that parties with interests in a relevant security representing 1% or more must make their holdings public.

Key Information

The key information shared outlines the interests owned or controlled by Rathbones Group Plc in relation to Learning Technologies Group Plc, the subject company of this disclosure. The percentage stake held is a crucial detail for all stakeholders.

Rathbones' Holdings Specifics

Rathbones Group Plc revealed that they hold a total of 30,862,868 ordinary shares of 0.375p, equating to a 3.89% ownership stake in Learning Technologies Group Plc. This figure represents significant holding, showcasing Rathbones' position in the market.

Recent Dealings

The report further details recent transactions carried out by Rathbones. On the date noted, there were sales of ordinary shares, including a sale of 37,719 shares at a price of 92.5p per unit, as well as an additional sale of 6,771 shares at 92.6p per unit. These transactions illustrate active management of their investment in Learning Technologies Group Plc.

Other Relevant Information

The disclosure also emphasizes that there are no existing indemnity arrangements or agreements that might influence the dealings of Rathbones Group Plc with regards to Learning Technologies Group Plc. This transparency is important for maintaining market integrity.

Rathbones has provided clear communication regarding their positions and dealings, which is a requirement under the regulatory framework governing market operations.

Conclusion

In summary, Rathbones Group Plc has made a formal disclosure regarding its investment in Learning Technologies Group Plc, reflecting significant transparency required under the Takeover Code. This ensures that all market participants are aware of substantial interests that may influence trading decisions.

disclosure, shares, investment