Verition discloses stakes in Bodycote, DCC Energy and Vesuvius

what happened

Verition Fund Management LLC has published Form 8.3 disclosures covering its positions in companies involved in takeover situations. The filings were distributed through the London Stock Exchange's RNS service on behalf of Bodycote PLC, DCC Energy PLC and Vesuvius PLC, with positions stated as of 2 November 2026.

For Bodycote, the fund holds 3,367,274 shares, or 1.97% of the capital, and no short positions. The report also lists CFD activity, including an increase of 300,000 shares at 916.00p. DCC Energy stake stands at 940,238 shares, or 1.10%, while Vesuvius stake is 2,860,597 shares, or 1.15%. The Vesuvius section also mentions RHI Magnesita N.V., and the fund reduced long CFD positions in both DCC Energy and Vesuvius.

why it matters

Such disclosures are required under takeover rules once a holder reaches at least 1% of a company's shares during an offer period. The notices do not name a bidder or reveal the fund's intentions, so their market significance is mainly informational, showing which large investors are active in the shares of the target companies.

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