Richard Griffiths discloses 19.50% stake in Logistics Development Group
The London Stock Exchange reported that Richard Griffiths held 80,684,454 Logistics Development Group shares and bought 1,405,000 shares.
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what happened
The London Stock Exchange published Richard Griffiths’ Rule 8.3 disclosure under the UK Takeover Code concerning Logistics Development Group Plc. As of 9 October 2026, he owned or controlled 80,684,454 ordinary shares, representing 19.50% of the company. No short positions or derivative interests were reported.
The filing also records the purchase of 1,405,000 shares at 19.9963 pence each. Richard Griffiths reported no indemnity arrangements, agreements or understandings connected with the company’s securities. The disclosure was dated 12 October 2026, and James Sutcliffe was listed as the contact.
why it matters
The filing highlights a material shareholder position and a separate share purchase during a period covered by the Takeover Code’s disclosure rules. Such information is relevant to the company’s ownership structure and the potential influence of major holders.
instruments
sources
- REG - Richard Griffiths Logistics Dev Grp - Form 8.3 - Logistics Development Group Plc — London Stock Exchange, 12 October 2026 at 14:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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