FIL Limited Increases Stake in Halfords Group PLC

FIL Limited, based in Hamilton, Bermuda, has recently expanded its holding in Halfords Group PLC. According to a notification dated 30 April 2025, FIL Limited's voting rights now stand at 11.0876%, reflecting their acquisition of additional financial instruments related to the company. This marks an increase from their previous position of 10.042%. The change includes a direct ownership of 10% of the shares and an additional 1.0876% through cash-settled financial instruments.

The notification indicates this shift was triggered on 23 January 2024, with the official notification to Halfords Group following on 27 January 2024. The increase in stake highlights FIL Limited's strategic interest in Halfords Group, consolidating its influence within the company. This move is part of a broader trend of investments in the retail sector by institutional investors aiming to bolster portfolio diversification.