FilingReader Intelligence

State street corporation boosts stake in Reliance Worldwide corporation

October 14, 2025 at 10:06 AM UTCBy FilingReader AI

State Street Corporation and its subsidiaries have become a more prominent substantial holder in Reliance Worldwide Corporation Limited. As of October 10, 2025, their voting power in the company increased to 7.13%, up from 6.04% previously reported on November 7, 2024. This change reflects an increase in their total votes from 47,114,867 to 54,636,435 ordinary shares.

The changes in relevant interests primarily stem from various collateral received and securities lending activities. State Street Bank and Trust Company, a key subsidiary, engaged in numerous collateral receipts and stock lending transactions between November 8, 2024, and October 10, 2025. These activities, along with transfers involving other State Street Global Advisors entities, contributed to the overall increase in voting power.

Key transactions included significant lendings and collateral receipts, with a notable increase of 1,500,000 ordinary shares on October 10, 2025. The nature of these relevant interests includes control over voting rights and disposal power as an investment manager or trustee, and relevant interests arising from securities lending agreements where State Street Bank and Trust Company acts as both lender and borrower, retaining a relevant interest in the lent securities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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