FIL Limited Discloses Share Position in Prologis
FIL Limited submitted a regulatory position disclosure concerning its holdings in Prologis, Inc. (PLD). The filing disclosed a transfer in of 128 ordinary shares under Rule 8.3 of the Takeover Code.
Disclosures under Rule 8.3 are required for entities holding an interest in relevant securities representing 1% or more. The filing confirmed no open derivative positions, indemnities, or dealing arrangements. Shares of Prologis traded at $132.50, reflecting a 2.30% increase.
Market participants will monitor future regulatory filings for further updates on institutional position changes in Prologis.
Key points
- FIL Limited submitted a Form 8.3 position disclosure regarding Prologis, Inc. (PLD).
- The regulatory filing recorded a transfer in of 128 ordinary shares.
- The disclosure stated that no indemnity or option agreements were in place.
- Prologis stock was priced at $132.50, up 2.30% for the day.
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What did FIL Limited disclose regarding Prologis?
FIL Limited submitted a Form 8.3 Takeover Code disclosure detailing its share position in Prologis, Inc., which included a transfer in of 128 ordinary shares.
Why was a Form 8.3 filing submitted for Prologis?
Form 8.3 disclosures are required under Rule 8.3 of the Takeover Code for persons holding an interest of 1% or more in relevant securities of a covered company.
How did Prologis stock perform on the day of the disclosure?
Shares of Prologis, Inc. (PLD) traded at $132.50, up 2.30% on the day of the disclosure.