Morgan Stanley Increases Stake in Britvic Plc

Britvic Plc has announced a change in its major holdings through a regulatory announcement. The notification, dated October 1, 2024, indicates that Morgan Stanley has increased its stake in the UK-based company. The threshold for voting rights was crossed on September 20, 2024, with the company being notified on September 24, 2024.

As per the details, Morgan Stanley now holds 5.179944% of Britvic's voting rights, up from a previous position of 5.057539%. The new total includes 5.103614% through direct voting rights and 0.076330% through financial instruments.

Notably, Morgan Stanley & Co. International Plc, based in London, holds the direct voting rights. The increase is primarily through equity swaps and recall rights over securities lending agreements.

The announcement underscores Morgan Stanley's continued investment interest in Britvic, a significant player in the UK's soft drink market.