Downing LLP discloses 6.01% stake in Ramsdens after 30,192-share sale

Form 8.3 filing under the U.K. Takeover Code shows client funds managed by Downing LLP held 1,964,259 Ramsdens ordinary shares on 4 August 2026.

Summary

Downing LLP disclosed an interest of 6.01% in Ramsdens Holdings Plc, equal to 1,964,259 ordinary shares of 1p, in a Form 8.3 filing made under Rule 8.3 of the Takeover Code (U.K. M&A rulebook for public offers). The position was held on 4 August 2026 and reflects client funds managed by Downing LLP. The filing also recorded a sale of 30,192 Ramsdens ordinary shares at 662.50 per share unit. Downing said it was not making disclosures in relation to any other party to the offer, and it reported no cash-settled derivatives, stock-settled derivatives, indemnity arrangements, or agreements relating to options or derivatives.

Terms & Concepts
  • Form 8.3: U.K. takeover disclosure for holders of 1% or more.
  • Takeover Code: U.K. rules governing conduct during takeover offers.
  • Cash-settled derivatives: Contracts paid in cash, not by delivering shares.