Dowgate Group reduces stake in Aptamer Group PLC

Published 02/27/2025, 07:52 AM
Dowgate Group reduces stake in Aptamer Group PLC

LONDON - In a recent regulatory filing with the London Stock Exchange (LON:LSEG), Aptamer Group PLC disclosed that Dowgate Group Limited has decreased its shareholding in the company. The notification, dated February 24, 2025, revealed that the transaction leading to the change occurred on February 20, 2025.

Dowgate Group Limited, a London-based investment firm, crossed the threshold that altered its position on February 20, when its percentage of voting rights in Aptamer Group PLC fell from 5.05% to 4.96%. This change in shareholding resulted in Dowgate Group holding 98,751,049 voting rights within the biotechnology company.

The notification did not include any additional information regarding the purpose or strategy behind the disposal of shares by Dowgate Group Limited. The completion of the notification process took place in London on February 24, 2025, as per the regulatory requirements.

Aptamer Group PLC, a UK issuer with the ISIN GB00BNRRP542, is a company specializing in the development of aptamer solutions for various industries, including healthcare and pharmaceuticals. Aptamers are synthetic molecules that can bind to specific target molecules, similar to antibodies, but with several potential advantages in terms of stability and production.

The filing with the London Stock Exchange is part of the standard regulatory process that ensures transparency in the market regarding significant changes in share ownership. The Financial Conduct Authority approves RNS, the news service that disseminated the information, to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280).

Investors and market watchers routinely monitor such notifications to understand the movements of significant shareholders, as these can sometimes signal changes in a company's financial health or investor sentiment. However, without further details from Dowgate Group Limited, the reasons behind the reduction in their stake in Aptamer Group PLC remain unknown.

This news is based on a press release statement and aims to provide investors with up-to-date information on major holdings in publicly traded companies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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