Morgan Stanley & Co. International plc disclosed a 5.31% stake in Pinewood Technologies Group PLC, exceeding the 5% reporting threshold on the London Stock Exchange.
The U.S. investment bank’s position, totaling 6,109,153 voting rights, was established on August 19 and formally notified to Pinewood on August 21, according to a filing completed in Glasgow. The stake comprises 5.29% in direct shareholdings and an additional 2.57% derived from stock borrowing agreements covering 2,959,447 shares.
Financial instruments accounted for a negligible 0.02% of the voting rights, representing 23,433 rights exercisable at any time under securities lending terms. The filing did not provide further details on the purpose of the investment or any intended actions regarding Pinewood’s shares.
Pinewood Technologies trades under the ticker PINE on the London Stock Exchange with the ISIN GB00BSB7BS06.
