Schroders increases stake in LendInvest to 10.04%

Schroders PLC has significantly increased its stake in LendInvest PLC, raising its shareholding to 10.04%, according to a regulatory filing. On September 29, the investment management firm crossed the 5.25% threshold, acquiring additional shares from its subsidiary, Schroder Investment Management Limited. The filing with the London Stock Exchange on Tuesday detailed the transaction, which involved the direct purchase of 14,334,755 ordinary shares in LendInvest, identified by the ISIN code GB00BMC2XX17.

This move aligns with UK disclosure requirements for major holdings and signifies Schroders' continued interest in the UK-based property finance company. The increase in ownership is held solely through ordinary shares, and does not involve any financial instruments. Schroders' investment in LendInvest is managed through its standard investment operations, with the subsidiary operating under the broader Schroders group structure.