Aferian plc (LON:AFRN) has announced that it has received notification on the 01 September 2023 from Kestrel Partners LLP that on the 01 September 2023 it purchased, on behalf of its discretionary client accounts, an aggregate of 100,000 ordinary shares of 1p each each in the Company at an average price of 12.5 pence per share.
Mr Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities’ entire legal holding in AFRN.
Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 16,784,114 Shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 11,942,622 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 28,726,736 Shares in the Company, which represents 25.83 per cent of the total voting rights in the Company.
Kestrel’s interest in the Shares in the Aferian Plc is held through the following nominees:
| Holding type | Nominee | No. of shares | % of total voting rights |
| Indirect | Bank of New York Nominees Ltd | 16,784,114 | 15.09% |
| Indirect | JIM Nominees Limited | 631,163 | 0.57% |
| Indirect | Bank of New York Nominees Ltd | 7,463,390 | 6.71% |
| Indirect | Northern Trust Company AVFC | 3,848,069 | 3.46% |
