Spreadex Ltd Slashes Voting Interest in Amigo Resources (AMGO) from 6.49% to 1.53% Following Share Sales and CFD Position Cuts
FCA-regulated spread betting firm Spreadex Ltd reduced its combined voting rights in Amigo Resources (AMGO) from 6.49% to 1.53% following share sales and CFD position cuts, according to a TR-1 filing.
Spreadex Ltd, the FCA-regulated spread betting and CFD provider, reduced its combined voting rights in Amigo Resources (AMGO) from 6.49% to 1.53%, according to a TR-1 notification filed on 15 July 2026.
TR-1 Filing Details
The disclosure, effective 14 July 2026, shows direct shareholdings fell from 4.36% to 0.15% (2,033,333 shares), while exposure through cash-settled CFDs/swaps dropped from 2.12% to 1.37% (18,255,066 voting rights). The total combined position stands at 20,288,399 voting rights, crossing the 5% downward threshold under UK Disclosure Guidance and Transparency Rules.
The St. Albans-based broker, founded in 1999, offers access to over 10,000 global markets. Spreadex's positions in underlying shares like Amigo Resources typically reflect hedging of client exposure rather than strategic investment. The filing confirms Spreadex is not controlled by any individual or entity and holds no proxy voting arrangements.
The notification, signed by Lawson Roberts (01727 895145), does not provide transaction timing or pricing. For Amigo Resources (ISIN GB00BFFK8T45), the reduction represents a notable change in shareholder composition, though such disclosures from spread betting firms often result from client hedging adjustments rather than a bearish view on the company. Investors are advised to monitor subsequent filings for further developments.
Source: Spreadex