LONDON – Premier Miton Group plc has changed its holdings in Xeros Technology Group plc, a company based in the United Kingdom, according to a regulatory filing dated December 24, 2024. The transaction, which passed the filing threshold on December 23, 2024, resulted in Premier Miton Group holds 4.561279% of the voting rights of Xeros Technology until the end of 23,749,960 shares.
Previously, Premier Miton Group’s share in Xeros Technology Group was 7.492033%. The recent adjustment marks a reduction in Premier Miton Group’s stake in the company. The application did not state the reasons for the reduction of the ownership stake.
The notification obligation was created by the acquisition or alienation of voting rights. Premier Miton Group, based in Guildford, United Kingdom (TADAWUL:), is listed as a person subject to notification. The submission also confirmed that there are no financial instruments in accordance with DTR5.3.1R.(1) (a) or (b) that would provide additional voting rights.
Disclosure of this information is mandated by the UK’s Disclosure and Transparency Regulations (DTR), which require investors to notify the market when they reach, exceed or fall below certain thresholds of holdings in listed companies.
Xeros Technology Group plc, known for its innovations in materials science and engineering, trades on London Stock Exchange (LON:) with the symbol XSG. The company specializes in technologies that aim to transform water-intensive industrial and commercial processes.
The details provided in the regulatory filing are based on the press release and reflect the state of the funds as of the date the threshold was crossed. This information is essential for shareholders and potential investors in understanding changes in significant ownership interests within Xeros Technology Group plc. The news service of the London Stock Exchange, RNS, which is authorized by the Financial Conduct Authority in the United Kingdom, published the notice.
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