Halfords Group PLC Announces Change in Major Holdings

Halfords Group PLC has disclosed a significant alteration in their shareholder structure, involving Lombard Odier Asset Management (Europe) Limited. The notification, compliant with the TR-1 standard form for major holdings, details an acquisition or disposal of voting rights in the company.

The update indicates that Lombard Odier Asset Management's stake has shifted, crossing a financial threshold on February 29, 2024. Previously holding 5.06% of voting rights, their position has now adjusted to 4.72%, equating to a total of 10,350,863 voting rights within Halfords Group PLC. This movement represents a decrease in their previous shareholding.

In the prescribed notification, no financial instruments were listed as altering the percentage of voting rights, indicating that the change solely pertains to direct voting rights within the company. The detailed change marks a noteworthy adjustment in the investment landscape for Halfords Group, signaling potential strategy shifts within Lombard Odier's investment approach towards the UK-based issuer. The completion and submission of this notification were finalized in London, United Kingdom, on March 1, 2024.