Morgan Stanley Reduces Stake in Britvic Below 5%

Morgan Stanley has significantly adjusted its holdings in Britvic plc, a move that sees its share of voting rights drop below 5%. As of November 1, 2024, the financial institution's total voting rights have effectively fallen to 0%, from a previous position of approximately 5.03%.

The change was officially reported on November 5, 2024. It includes the application of a trading book exemption, which applies to Morgan Stanley's reduced holding of 4.93% through financial instruments. Consequently, Morgan Stanley will not have voting rights over this remaining percentage.

This notification highlights the dynamic nature of shareholding patterns within major corporations and reflects Morgan Stanley's current position concerning Britvic.