BlackRock increases stake in Entain above 5%
BlackRock has increased its total holdings in Entain PLC to 5.01% of voting rights, crossing the 5% disclosure threshold, according to a regulatory filing statement.
The investment firm held 4.06% of voting rights through direct and indirect share ownership and an additional 0.95% through financial instruments as of July 31, the filing showed. BlackRock’s previous position was below the 5% threshold.
The total holdings represent 32,264,354 voting rights in Entain, a company registered in the Isle of Man with shares trading under ISIN IM00B5VQMV65.
BlackRock’s direct voting rights consist of 26,038,814 shares. The financial instruments portion includes 191,404 voting rights through American Depository Receipts, 1,237,531 through securities lending arrangements, and 4,796,603 voting rights through cash-settled contracts for difference.
Entain was notified of the threshold crossing on August 3. BlackRock is registered in Wilmington, Delaware.The notification was completed on August 3 at BlackRock’s London office located at 12 Throgmorton Avenue.