Octopus Investments discloses 7.8% stake in H&T Group after share sale
A Rule 8.3 filing shows OCTOPUS INVESTMENTS LTD held 3,428,894 H&T Group shares on June 2, 2025, after selling 706 shares at 6.341 each.
Fact Check
The primary Rathbones Form 8.3 filing on GlobeNewswire confirms every material fact: the 1.99% stake, the exact holding of 4,397,890 shares, the August 3, 2026 dealing date, and the two share sales of 1,457 and 1,765 shares that sum to exactly the 3,222 shares stated in the claim. The Octopus Investments filing corroborates the active Rule 8.3 disclosure context for the same offeree.
Summary
OCTOPUS INVESTMENTS LTD filed an opening position disclosure under Rule 8.3 of the Takeover Code in relation to H&T Group plc, showing a 7.8% holding in the company's ordinary 5p shares as of June 2, 2025. The filing said it owned or controlled 3,428,894 shares after selling 706 shares at 6.341 per unit. It was not making disclosures in respect of any other party to the offer. The notice reported no cash-settled or stock-settled derivatives, no rights to subscribe for new securities, and no indemnity or derivative-related arrangements, while no Supplemental Form 8 on open positions was attached.
Terms & Concepts
- Rule 8.3: A UK Takeover Code provision requiring investors with interests of 1% or more in relevant securities to disclose their positions and dealings.
- opening position disclosure: A filing that sets out an investor's stake in a company involved in a takeover situation at the relevant reporting date.
- Takeover Code: The UK regulatory framework that governs conduct and disclosure requirements during takeover offers.