Savills plc: BlackRock reduces stake below 5%
Why we think this is neutral
This is a routine regulatory notification of a change in major shareholding, with no apparent material impact on Savills plc's business or operations.
Key Points
- BlackRock, Inc. has reduced its holding in Savills plc to below 5% of the total voting rights
- Previously, BlackRock held 5.01% of the voting rights, including 4.84% directly and 0.17% through financial instruments
- The threshold crossing occurred on 10th February 2025
Summary
The real estate services provider has seen a major shareholder, BlackRock, reduce its stake to below 5% of total voting rights.
Savills plc has announced that BlackRock, Inc. has reduced its holding in the company to below 5% of the total voting rights. Previously, BlackRock held 5.01% of the voting rights, including 4.84% directly and 0.17% through financial instruments. The threshold crossing occurred on 10th February 2025. This is a routine regulatory notification with no apparent material impact on Savills' business or operations.
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