Norges Bank Alters Its Stake in Halfords Group PLC

In a notable transaction within the financial marketplace, Norges Bank has adjusted its holdings in Halfords Group PLC, as detailed in a recent regulatory filing. The event prompting this notification, dated 21st March 2024, is the acquisition or disposal of voting rights, showcasing a significant shift in the bank's investment strategy concerning Halfords.

According to the declaration, Norges Bank now holds a total of 2.553170% in combined voting rights within Halfords, split between 2.479430% through direct shares and an additional 0.073740% via financial instruments, specifically shares on loan with rights to recall at any time. This change marks a decrease from the bank's previous notification, which had reported a total holding of 3.992180% in voting rights.

Halfords, identified by the ISIN code GB00B012TP20, has now witnessed the crossing of a threshold that led Norges Bank to report its new position to the relevant regulatory body on 22nd March 2024. This adjustment in Norges Bank’s shareholding highlights the dynamic nature of investor relations within international markets, affecting one of the leading entities in the retail sector.