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Kestrel Partners LLP has increased its voting rights in KRM22 PLC to 18.62%, representing 11,045,409 voting rights, up from a previous holding of 17.52%. This acquisition of voting rights occurred on May 22, 2026, and was notified to the issuer on May 26, 2026. The increased stake is held indirectly through clients managed under discretionary investment management agreements via Apex Unitas Ltd, iDealing Nominees Ltd, and UBS AG Nominees, with Apex Unitas Ltd holding 17.42% of the voting rights.

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Non-UK issuer

  • Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rightsX

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify) iii :

Details of person subject to the notification obligation iv

NameKestrel Partners LLP
City and country of registered office (if applicable)LONDON, UK

Full name of shareholder(s) (if different from 3.) v

NameClients of Kestrel Partners LLP (through Apex Unitas Ltd, iDealing Nominees Ltd) and Max Royde, partner of Kestrel Partners LLP, (through UBS AG Nominees).
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi :22 May 2026
6. Date on which issuer notified:26 May 2026
  • Total positions of person(s) subject to the notification obligation
Resulting situation on the date on which threshold was crossed or reached18.62%18.62%11,045,409
Position of previous notification (if applicable)17.52%
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)Number of voting rights ix% of voting rights
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares of 10p each ISIN GB00BFM6WC61N/A11,045,409N/A18.62%
SUBTOTAL 8. A11,045,40918.62%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

SUBTOTAL 8. B 1

SUBTOTAL 8.B.2

Apex Unitas Ltd17.42%17.42%
UBS AG Nominees1.18%1.18%
iDealing Nominees Ltd0.02%0.02%
10. In case of proxy voting, please identify:
Name of the proxy holderN/A
The number and % of voting rights heldN/A
The date until which the voting rights will be heldN/A
11. Additional information xvi
Place of completionLondon
Date of completion26/05/26

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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