BlackRock trims WPP (WPP) voting stake slightly below 10% threshold
Filing Impact
Filing Sentiment
Form Type
6-K
WPP plc reported that investment manager BlackRock, Inc. now holds 9.980000% of WPP’s voting rights, representing 107,880,158 voting rights in total. This slightly down from a previously reported 10.000000% position.
The stake includes 7.640000% (82,437,160 voting rights) held through ordinary shares and 2.340000% held via financial instruments. These instruments comprise American Depository Receipts, securities lending positions, and cash-settled CFDs, reflecting a mix of direct share ownership and derivative exposure to WPP.
Positive
- None.
Negative
- None.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
____________________
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the Month of February 2026
Commission File Number: 001-38303
______________________
WPP plc
(Translation of registrant's name into English)
________________________
Sea Containers, 18 Upper Ground
London, United Kingdom SE1 9GL
(Address of principal executive offices)
_________________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Form
20-F X
Form 40-F ___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ___
Note: Regulation S-T Rule 101(b)(1) only permits the
submission in paper of a Form 6-K if submitted solely to provide an
attached annual report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ___
Note: Regulation S-T Rule 101(b)(7) only permits the
submission in paper of a Form 6-K if submitted to furnish a report
or other document that the registrant foreign private issuer must
furnish and make public under the laws of the jurisdiction in which
the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules
of the home country exchange on which the registrant’s
securities are traded, as long as the report or other document is
not a press release, is not required to be and has not been
distributed to the registrant’s security holders, and, if
discussing a material event, has already been the subject of a Form
6-K submission or other Commission filing on EDGAR.
Forward-Looking Statements
The
Company may include forward-looking statements (including as
defined in the U.S. Private Securities Litigation Reform Act of
1995) in oral or written public statements issued by or on behalf
of the Company. These forward-looking statements may include, among
other things, plans, objectives, beliefs, intentions, strategies,
projections and anticipated future economic performance based on
assumptions and the like that are subject to risks and
uncertainties. These statements can be identified by the fact that
they do not relate strictly to historical or current facts. They
use words such as ‘aim’, ‘anticipate’,
‘believe’, ‘estimate’,
‘expect’, ‘forecast’,
‘guidance’, ‘intend’, ‘may’,
‘will’, ‘should’, ‘potential’,
‘possible’, ‘predict’,
‘project’, ‘plan’, ‘target’,
and other words and similar references to future periods but are
not the exclusive means of identifying such statements. As such,
all forward-looking statements involve risk and uncertainty because
they relate to future events and circumstances that are beyond the
control of the Company. Actual results or outcomes may differ
materially from those discussed or implied in the forward-looking
statements. Therefore, you should not rely on such forward-looking
statements, which speak only as of the date they are made, as a
prediction of actual results or otherwise. Important factors which
may cause actual results to differ include but are not limited to:
the unanticipated loss of a material client or key personnel;
delays, suspensions or reductions in client advertising budgets;
shifts in industry rates of compensation; regulatory compliance
costs or litigation; changes in competitive factors in the
industries in which we operate and demand for our products and
services; changes in client advertising, marketing and corporate
communications requirements; our inability to realise the future
anticipated benefits of acquisitions; failure to realise our
assumptions regarding goodwill and indefinite lived intangible
assets; natural disasters or acts of terrorism; the Company’s
ability to attract new clients; the economic and geopolitical
impact of the conflicts in Ukraine and the Middle East; the risk of
global economic downturn; slower growth, increasing interest rates
and high and sustained inflation; tariffs and other trade barriers;
supply chain issues affecting the distribution of our
clients’ products; technological changes and risks to the
security of IT and operational infrastructure, systems, data and
information resulting from increased threat of cyber and other
attacks; effectively managing the risks, challenges and
efficiencies presented by using Artificial Intelligence (AI) and
Generative AI technologies and partnerships in our business; risks
related to our environmental, social and governance goals and
initiatives, including impacts from regulators and other
stakeholders, and the impact of factors outside of our control on
such goals and initiatives; the Company’s exposure to changes
in the values of other major currencies (because a substantial
portion of its revenues are derived and costs incurred outside of
the UK); and the overall level of economic activity in the
Company’s major markets (which varies depending on, among
other things, regional, national and international political and
economic conditions and government regulations in the world’s
advertising markets). In addition, you should consider the risks
described in Item 3D, captioned “Risk Factors” in the
Company’s most recent Annual Report on Form 20-F, which could
also cause actual results to differ from forward-looking
information. In light of these and other uncertainties, the
forward-looking statements included in this document should not be
regarded as a representation by the Company that the
Company’s plans and objectives will be achieved. Neither the
Company, nor any of its directors, officers or employees, provides
any representation, assurance or guarantee that the occurrence of
any events anticipated, expressed or implied in any forward-looking
statements will actually occur. Other than in accordance with its
legal or regulatory obligations (including under the Market Abuse
Regulation, the UK Listing Rules and the Disclosure and
Transparency Rules of the Financial Conduct Authority), the Company
undertakes no obligation to update or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
EXHIBIT INDEX
|
Exhibit No.
|
Description
|
|
1
|
Notification of Major Holdings dated 25 February 2026, prepared by WPP
plc.
|
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
|
JE00B8KF9B49
|
Issuer Name
|
WPP PLC
|
UK or Non-UK Issuer
|
Non-UK
|
2. Reason for Notification
|
An acquisition or disposal of financial instruments
|
3. Details of person subject to the notification
obligation
Name
|
BlackRock, Inc.
|
City of registered office (if applicable)
|
Wilmington
|
Country of registered office (if applicable)
|
USA
|
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject
to the notification obligation, above
|
|
City of registered office (if applicable)
|
|
Country of registered office (if applicable)
|
|
5. Date on which the threshold was crossed or reached
|
23-Feb-2026
|
6. Date on which Issuer notified
|
24-Feb-2026
|
7. Total positions of person(s) subject to the notification
obligation
|
.
|
% of voting rights attached to shares (total of 8.A)
|
% of voting rights through financial instruments (total of 8.B 1 +
8.B 2)
|
Total of both in % (8.A + 8.B)
|
Total number of voting rights held in issuer
|
|
Resulting
situation on the date on which threshold was crossed or
reached
|
7.640000
|
2.340000
|
9.980000
|
107880158
|
|
Position
of previous notification (if applicable)
|
7.690000
|
2.310000
|
10.000000
|
|
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible)
|
Number of direct voting rights (DTR5.1)
|
Number of indirect voting rights (DTR5.2.1)
|
% of direct voting rights (DTR5.1)
|
% of indirect voting rights (DTR5.2.1)
|
|
JE00B8KF9B49
|
|
82437160
|
|
7.640000
|
|
Sub
Total 8.A
|
82437160
|
7.640000%
|
||
8B1. Financial Instruments according to (DTR5.3.1R.(1)
(a))
|
Type of financial instrument
|
Expiration date
|
Exercise/conversion period
|
Number of voting rights that may be acquired if the instrument is
exercised/converted
|
% of voting rights
|
|
American
Depository Receipt
|
|
|
2665729
|
0.240000
|
|
Securities
Lending
|
|
|
21267058
|
1.970000
|
|
Sub
Total 8.B1
|
|
23932787
|
2.210000%
|
|
8B2. Financial Instruments with similar economic effect according
to (DTR5.3.1R.(1) (b))
|
Type of financial instrument
|
Expiration date
|
Exercise/conversion period
|
Physical or cash settlement
|
Number of voting rights
|
% of voting rights
|
|
CFD
|
|
|
Cash
|
1510211
|
0.130000
|
|
Sub
Total 8.B2
|
|
1510211
|
0.130000%
|
||
9. Information in relation to the person subject to the
notification obligation
|
2. Full chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held
starting with the ultimate controlling natural person or legal
entities (please add additional rows as necessary)
|
|
Ultimate controlling person
|
Name of controlled undertaking
|
% of voting rights if it equals or is higher than the notifiable
threshold
|
% of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
|
Total of both if it equals or is higher than the notifiable
threshold
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
(Singapore) Holdco Pte. Ltd.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
HK Holdco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Lux Finco S.a.r.l.
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Japan Holdings GK
|
|
|
|
|
BlackRock,
Inc. (Chain 1)
|
BlackRock
Japan Co., Ltd.
|
|
|
|
|
BlackRock,
Inc. (Chain 2)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 2)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 2)
|
Trident
Merger, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 2)
|
BlackRock
Investment Management, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Holdco 3, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Cayman 1 LP
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Cayman West Bay Finco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Cayman West Bay IV Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Group Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 3)
|
BlackRock
Investment Management (UK) Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Australia Holdco Pty. Ltd.
|
|
|
|
|
BlackRock,
Inc. (Chain 4)
|
BlackRock
Investment Management (Australia) Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Holdco 3, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Cayman 1 LP
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Cayman West Bay Finco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Cayman West Bay IV Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
Group Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 5)
|
BlackRock
International Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Holdco 4, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Holdco 6, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Delaware Holdings Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 6)
|
BlackRock
Institutional Trust Company, National Association
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Holdco 4, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Holdco 6, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Delaware Holdings Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 7)
|
BlackRock
Fund Advisors
|
|
|
|
|
BlackRock,
Inc. (Chain 8)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 8)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 8)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 8)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Capital Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Advisors, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 9)
|
BlackRock
Capital Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
(Singapore) Holdco Pte. Ltd.
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
HK Holdco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 10)
|
BlackRock
Asset Management North Asia Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Holdco 3, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Cayman 1 LP
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Cayman West Bay Finco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Cayman West Bay IV Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Group Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
(Netherlands) B.V.
|
|
|
|
|
BlackRock,
Inc. (Chain 11)
|
BlackRock
Asset Management Deutschland AG
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Canada Holdings ULC
|
|
|
|
|
BlackRock,
Inc. (Chain 12)
|
BlackRock
Asset Management Canada Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Capital Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 13)
|
BlackRock
Advisors, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Holdco 2, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Financial Management, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
International Holdings, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BR
Jersey International Holdings L.P.
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Holdco 3, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Cayman 1 LP
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Cayman West Bay Finco Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Cayman West Bay IV Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Group Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 14)
|
BlackRock
Advisors (UK) Limited
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
BlackRock
Saturn Subco, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
BlackRock
Finance, Inc.
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
Trident
Merger, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
BlackRock
Investment Management, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
Amethyst
Intermediate, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
Aperio
Holdings, LLC
|
|
|
|
|
BlackRock,
Inc. (Chain 15)
|
Aperio
Group, LLC
|
|
|
|
10. In case of proxy voting
Name of the proxy holder
|
|
The number and % of voting rights held
|
|
The date until which the voting rights will be held
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11. Additional Information
|
BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650
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12. Date of Completion
|
24th February
2026
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13. Place Of Completion
|
12 Throgmorton Avenue, London, EC2N 2DL, U.K.
|
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
|
|
WPP
PLC
|
|
|
(Registrant)
|
|
Date:
25 February 2026.
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By:
______________________
|
|
|
Balbir
Kelly-Bisla
|
|
|
Company
Secretary
|
FAQ
What major shareholding change in WPP (WPP) did this filing disclose?
WPP plc disclosed that BlackRock, Inc. now holds 9.980000% of its voting rights. This represents 107,880,158 voting rights in total and is a small decrease from a previously reported 10.000000% holding, signalling a marginal reduction but continued large institutional ownership.
How much of WPP (WPP) does BlackRock hold through ordinary shares versus instruments?
BlackRock holds 7.640000% of WPP’s voting rights via ordinary shares and 2.340000% via financial instruments. The share-based portion equals 82,437,160 voting rights, while instruments such as ADRs, securities lending, and CFDs account for the remaining voting rights exposure.
What types of financial instruments does BlackRock use for its WPP (WPP) exposure?
BlackRock’s financial exposure to WPP includes American Depository Receipts, securities lending, and cash-settled CFDs. These instruments together represent 2.340000% of WPP’s voting rights, supplementing the core shareholding and indicating both physical and derivative-based positions in the company.
What is the number of WPP (WPP) voting rights held by BlackRock after this change?
BlackRock now holds 107,880,158 WPP voting rights in total. Of these, 82,437,160 voting rights are attached to shares, 23,932,787 come from instruments like ADRs and securities lending, and 1,510,211 arise from cash-settled CFDs, reflecting layered exposure.
Who is the ultimate controlling person of the WPP (WPP) holdings disclosed?
The ultimate controlling person for the disclosed WPP holdings is BlackRock, Inc. The position is held through multiple controlled undertakings across several corporate chains, including entities such as BlackRock Investment Management (UK) Limited and BlackRock Fund Advisors, reflecting BlackRock’s global operating structure.
Why did WPP (WPP) publish this notification of major holdings?
The notification was published because a reportable voting rights threshold was crossed. BlackRock’s total interest moved from 10.000000% to 9.980000%, triggering a disclosure under applicable major shareholding rules, which require issuers to report significant changes in large investors’ positions.