Aferian plc (LON:AFRN) received notification on the 15 September 2023 from Kestrel Partners LLP that on the 15 September 2023 it purchased, on behalf of its discretionary client accounts, an aggregate of 125,000 ordinary shares of 1p each in Aferian plc at an average price of 16.7 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 12,067,622 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 28,851,736 Shares in Aferian plc, which represents 25.94 per cent of the total voting rights in the Company.
Kestrel’s interest in the Shares in the Company 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 | 756,163 | 0.68% |
| Indirect | Bank of New York Nominees Ltd | 7,463,390 | 6.71% |
| Indirect | Northern Trust Company AVFC | 3,848,069 | 3.46% |
