Rathbones Group disclosed an interest in 1,143,140 Eleco shares, representing 1.35% of the company, after selling 370 shares at 230.1073 pence each. The position and dealing were dated October 26, 2026.
Eleco shares disclosure
The October 27 disclosure covered Eleco’s 1-penny ordinary shares. The stated interest comprised securities owned or controlled by Rathbones; the form did not list a short position or derivative holdings.
The sale price was separate from the shares’ 1-penny denomination. Rathbones did not disclose a position in any other party to the offer.
Takeover Code filing
Rathbones submitted the Form 8.3 under the Takeover Code’s disclosure rules for a person with interests representing 1% or more of relevant securities. The filing identified Eleco as the company to which the disclosure related but did not provide details of the offer.
Rathbones reported no relevant indemnity or option arrangements, or agreements concerning voting rights or future dealings in securities referenced by derivatives. No supplemental open-positions form was attached.
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