Gracefavour Ups Stake in Ground Rents Fund

Ground Rents Income Fund (GB:GRIO) has released an update.

Ground Rents Income Fund PLC has reported a significant change in shareholding by Gracefavour Limited, with the latter’s voting rights in Ground Rents increasing from 3.66% to 4.96%, crossing the threshold on June 25, 2024. This change results in Gracefavour Limited now holding a total of 4,750,000 voting rights in the company. The notification of this substantial acquisition was completed on the same day in Swansea.

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