Apex Fundrock Limited Discloses Stake in TT Electronics PLC

Apex Fundrock Limited has revealed its position in TT Electronics PLC through a Form 8.3 submission dated November 19, 2024. Chelverton Asset Management, as the entity disclosing interests, owns 4,582,000 ordinary shares in TT Electronics PLC, representing a 2.58% stake. The disclosure complies with Rule 8.3 of the UK's Takeover Code, which mandates transparency for individuals or entities holding 1% or more in relevant securities.

The filing indicates no interests in cash-settled or stock-settled derivatives, nor any agreements to subscribe for new securities related to TT Electronics PLC. Chelverton Asset Management discloses no additional dealing actions or arrangements beyond the stated shareholding, reflecting a straightforward equity stake without complicating derivative positions.