Fuller, Smith & Turner PLC Announces Major Shareholding Notification by Azvalor Asset Management

Fuller, Smith & Turner PLC (FSTA) disclosed a significant change in shareholding, according to a TR-1 notification released on March 21, 2024. Madrid-based Azvalor Asset Management SGIIC SA has crossed a threshold in its ownership, leading to this regulatory announcement.

The notification, pertaining to shares with the ISIN GB00B1YPC344, indicates that Azvalor now holds 3.129% of voting rights in Fuller, Smith & Turner PLC, equivalent to 1,161,646 votes. This position resulted from acquisitions or disposals of voting rights, with the threshold being crossed on March 11, 2024, and notification to Fuller, Smith & Turner PLC occurring the following day.

The report detailed only direct voting rights attached to shares, with no mention of financial instruments holding additional voting power. This update signifies a noteworthy adjustment in the shareholding structure of the UK-based issuer, though additional information surrounding the context or purpose of the threshold change was not provided.