Schroders Investment Management (Hong Kong) Limited has announced a significant reduction in its shareholding in Le Travenues Technology Limited. Following an acquisition of shares on 29 May 2026, the group’s total holding has decreased by more than 2%. This disclosure is made in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and impacts the overall stake held by discretionary fund managers of the Schroders Group.
Shareholding Update for Le Travenues Technology Limited
Schroders Investment Management (Hong Kong) Limited has formally notified of a material change in its shareholding position concerning Le Travenues Technology Limited. As discretionary fund managers for various funds and segregated mandates, the Schroders Group entities have experienced a decrease exceeding 2% in their last disclosed shareholding in Le Travenues Technology Limited. This change follows a specific share acquisition event that occurred on 29 May 2026.
Regulatory Disclosure
In compliance with regulatory requirements, the relevant forms pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, have been submitted. The disclosure details the changes in the shareholding of the target company, Le Travenues Technology Ltd, by the acquirer, Schroder Investment Management (Singapore) Ltd (SIMSL), and Persons Acting in Concert (PAC), including Schroders PLC. The acquirer is not a promoter or part of the promoter group.
Detailed Shareholding Breakdown
Prior to the transaction under consideration, the holding of Schroders was 13,725,255 shares, representing 3.129% of the total share capital and diluted share capital of Le Travenues Technology Limited. The recent transaction involved a sale of shares, resulting in a disposal of -362,312 shares. This amounts to a decrease of -0.083% in both the total share/voting capital and the diluted share/voting capital.
Post-Transaction Holding
Following the sale, the total number of shares held by Schroders in Le Travenues Technology Limited now stands at 13,362,943 shares. This represents 3.046% of the total share capital and diluted share capital. The acquisition/sale was conducted through the Open Market and the date of the transaction was reported as 29 May 2026. The total equity share capital of the Target Company remains unchanged at 438,669,111 before and after the said acquisition/sale.
Source: BSE
