Ironshield Capital Management LLP has notified Evoke PLC of a change in its major holdings, crossing a threshold on March 24, 2026.

The firm now holds 6.07% of the voting rights, totaling 27,337,248 voting rights, with this position being directly held.

The notification was made on March 26, 2026, and Ironshield Capital Management LLP is not controlled by any natural person or legal entity, nor does it control other undertakings holding an interest in Evoke PLC.

The Ironshield Credit fund is advised by Ironshield Capital Management’s London-based team of traders and analysts. Ironshield was established in 2007 and manages portfolios of long and short positions with a principal focus on event driven, stressed and distressed European corporate credit.

The investment team’s objective is to achieve high absolute returns by exploiting periods of market mispricing caused by operational and capital structure changes in corporates.

The team uses a probability and scenario driven approach to evaluate opportunities and assess risk. Credit selection and position sizing are based on in-depth analysis and due diligence of a select group of corporates that the team typically tracks over a multi-year period.

The team also evaluates the interplay between stakeholders and jurisdictional issues that affect the outcome for investors in corporate capital structures. The portfolio is focussed on actively traded bonds, credit default swaps and other corporate securities with events typically within the next 3-6 months.