Angle PLC Announces Holding(s) in Company
ANGLE plc announced that as of February 25, 2022, Morgan Stanley Investment Management Inc. has reduced its voting rights in the company to 4.82%, down from a previous holding above 5%. The notification reflects a significant change in the investment management strategy of Morgan Stanley, which now manages 11,328,548 voting rights in ANGLE plc. This marks a notable shift since they previously surpassed the threshold in January 2021 with a holding of 5.32%.
- None.
- Morgan Stanley Investment Management has fallen below the 5% voting rights threshold.
- This indicates a potential decrease in institutional confidence in ANGLE plc.
GUILDFORD, SURREY / ACCESSWIRE / March 2, 2022 / ANGLE plc (OTCQX:ANPCY )(AIM:AGL)
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0034330679
Issuer Name
ANGLE plc
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Morgan Stanley Investment Management Inc.
City of registered office (if applicable)
Country of registered office (if applicable)
US
Name | City of registered office | Country of registered office |
Morgan Stanley Investment Management Inc. | Wilmington | USA |
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Morgan Stanley Investment Management Inc. manages funds on a discretionary basis on behalf of various clients |
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5. Date on which the threshold was crossed or reached
25-Feb-2022
6. Date on which Issuer notified
01-Mar-2022
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 4.817589 | 0.000000 | 4.817589 | 11,328,548 |
Position of previous notification (if applicable) |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB0034330679 | 11,328,548 |
| 4.817589 |
|
Sub Total 8.A | 11,328,548 |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
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Sub Total 8.B1 |
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8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
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Sub Total 8.B2 |
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9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
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10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
This notification is being made by Morgan Stanley Investment Management Inc. as they have now fallen below the
12. Date of Completion
01-Mar-2022
13. Place Of Completion
Glasgow
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SOURCE: ANGLE plc
View source version on accesswire.com:
https://www.accesswire.com/691239/Angle-PLC-Announces-Holdings-in-Company
FAQ
What is the current voting rights percentage of Morgan Stanley in ANGLE plc?
When did Morgan Stanley's voting rights fall below 5% in ANGLE plc?
How many voting rights does Morgan Stanley hold in ANGLE plc?
What was Morgan Stanley's previous voting rights percentage in ANGLE plc?