Knights Group Holdings (KGH): Ameriprise Financial, Inc. selling down

This situation live

£144m · 165.0p · +30% since the first step

13 Nov 2024 · 13.073% · +13% until the next step Ameriprise Financial, Inc.: 13.073% (from 12.148%)

19 Feb 2025 · 10.706% · +49% until the next step Ameriprise Financial, Inc.: 10.706% (from 13.073%)

25 Sep 2025 · 9.173% · −2% until the next step Ameriprise Financial, Inc.: 9.173% (from 10.706%)

8 Jun 2026 · 13.073% → 4.826% in 3 notices · −12% since Ameriprise Financial, Inc.: 4.826% (from 9.173%)

Overhang

Ameriprise Financial, Inc. selling down

13.073% → 4.826% in 3 notices

HolderAmeriprise Financial, Inc.

Stake13.073% → 4.826%

Sold8.25 points in 3 notices over 474 days

Since Oct 2023: 170 situations of this kind – holder sold out 61%, selling stopped 39%; median share price -11% six months after they opened

Next: 4.826% still held

Every step · 4

13 Nov 2024 13.073% – Ameriprise Financial, Inc.: 13.073% (from 12.148%) ↗
19 Feb 2025 10.706% – Ameriprise Financial, Inc.: 10.706% (from 13.073%) ↗
25 Sep 2025 9.173% – Ameriprise Financial, Inc.: 9.173% (from 10.706%) ↗
8 Jun 2026 13.073% → 4.826% in 3 notices – Ameriprise Financial, Inc.: 4.826% (from 9.173%) ↗

What is happening

Knights Group Holdings: Ameriprise Financial, Inc. selling down – 13.073% → 4.826% in 3 notices. ['13.073% → 4.826% in 3 notices']

4.826% still held.

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

Also at Knights Group Holdings

Knights is a fast-growing legal and professional services business, ranked within the UK's top 50 largest law firms by revenue.