LONDON – The Capital Group Companies, Inc., a prominent Los Angeles-based investment management firm, has reduced its stake in the U.K.-based company Fevertree Drinks PLC (LON:), according to the latest regulatory filing. The transaction, which took place on November 28, 2024, reduced Capital Group’s voting share in the premium mixer company below the previous threshold of 5%.

The announcement, which follows the requirements of the TR-1 standard form for major holdings, shows that Capital Group now holds 4.813169% of the voting rights, down from its previously reported 5.02% stake. This change in shareholding represents a total of 5,618,733 voting rights in Fevertree Drinks PLC, known for its high quality tonic waters and other mixers.

Capital Group Companies manages the shares through its investment management divisions on behalf of its clients and not for its own account. The shares in question are managed by various companies within the group, including Capital Research and Management Company and its affiliates, which, among other things, are responsible for investment decisions for the American Funds family of mutual funds.

This ownership adjustment is part of Capital Group’s routine investment activities. The Company’s investment management services serve a range of clients, from institutional to high net worth individuals, through a global network of affiliated management companies.

Fevertree Drinks PLC, which has a portfolio of premium mixers, has seen mixed investment interest from institutional investors and asset managers. As a listed company on London Stock Exchange (LON:), Fevertree is subject to the UK’s strict disclosure requirements for listed companies, ensuring transparency in the market.

Reporting on this transaction was completed in Los Angeles on November 29, 2024. According to the regulatory framework, such disclosures are essential to maintaining market integrity and providing relevant information to investors about material changes in company ownership.

This news is based on a press release and reflects the latest developments in Fevertree Drinks PLC’s shareholder structure and provides investors and the market with an up-to-date overview of the company’s key holdings.

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