ADG Corporate discloses share dealings in Rotork and Mitie

what happened

ADG Corporate Ltd has filed mandatory disclosures under Rule 8.3 of the UK Takeover Code. The notice was published by ru.tradingview.com, which cites a Regulatory Information Service release from the London Stock Exchange. The filings cover two companies involved in possible takeover situations: Rotork PLC and Mitie Group PLC.

For Rotork PLC, ADG holds 8,222,515 ordinary shares, equal to 1.00%. As of 15 October 2026, the firm sold 2,001,444 shares at 4.926 pounds, 1,557,904 shares at 6.50232 US dollars and 1,505,286 shares at 5.81268 euros. All these trades were made through total return swaps and reduced short positions.

For Mitie Group PLC, ADG's stake is 4,011,657 shares, or 0.30%. On the same date, the firm sold 3,053,686 shares at 2.772 US dollars, 3,062,811 shares at 2.1 pounds, 2,960,760 shares at 2.478 euros and 1,511,832 shares at 2.772 US dollars, again through total return swaps that reduced short positions.

why it matters

Filings of this kind appear routinely and do not by themselves change the valuation of the companies involved. They show that a large market participant reduced short positions in shares of firms subject to takeover approaches. For investors, this is one signal about trading activity in M&A situations rather than a basis for conclusions about where the share prices will move.

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