Investment Firms Disclose Holdings Under Takeover Code

Multiple financial institutions and investment advisors have disclosed their positions in relevant securities as per Rule 8.3 of the Takeover Code. These disclosures involve revealing interests and short positions in securities to ensure transparency during takeovers, requiring detailed listings of all parties involved, such as trustees and beneficiaries in trusts. AXA Investment Managers and Highcroft Investments are among those who have made recent disclosures, while Dimensional Fund Advisors clarified that it does not exercise voting discretion over certain shares. Additionally, public dealing disclosures by exempt principal traders are governed by Rule 8.5, mandating detailed reporting to the Regulatory Information Service and the Takeover Panel. These disclosures are fundamental to maintaining market integrity during corporate mergers and acquisitions.