Rathbones Investment Management Notifies Regulator of 9.9831% Stake in Allianz Technology Trust

Rathbones Investment Management notified the UK regulator that its holding in Allianz Technology Trust fell below the 10% threshold, reaching 9.9831% of voting rights, or 31,709,865 shares, on October 15, 2026. The issuer was notified on October 16, 2026, according to a regulatory filing published by TradingView.

Rathbones Holding Falls Below 10% Threshold

The notification, filed on the standard TR-1 form for major holdings, shows Rathbones Investment Management Ltd held 9.9831% of voting rights attached to shares directly, with no voting rights held through financial instruments. The previous notification recorded a position of 10.0073%. The filing lists BNP Paribas Limited and Rathbone Nominees Limited as shareholders, with Rathbones Investment Management International Limited, registered in St Helier, Jersey, also named. The full chain of controlled undertakings shows Rathbones Group PLC holding 9.8352% through Rathbones Investment Management Limited and 0.1479% through Rathbones Investment Management International Limited. The completion date was October 16, 2026, at the Port of Liverpool Building in Liverpool.

Rathbones Group Plc appointed Michelle Sylvia Scrimgeour as a director effective October 1, 2026, during the Investec Wealth & Investment integration, according to Simply Wall St.

Allianz Technology Trust's Scale and Returns

Allianz Technology Trust PLC is a UK-listed closed-end investment trust that provides actively managed, long-term exposure to global mid- and large-capitalisation technology equities for UK-resident retail and professional investors via ISAs, SIPPs, and general investment accounts, according to akta.pro company records. The trust reported a net asset value total return of 24.7% for 2025, outperforming its benchmark by 4.7 percentage points, and repurchased 26.1 million shares during the year to manage its discount to net asset value. Its total gross assets stood at £2.09 billion as of November 2025.

Earlier Milestones for the Trust

Allianz Technology Trust reached a new 52-week high of GBX 771 on October 2, 2026, trading at that level with a volume of 7.06 million shares, according to Markets Daily. The trust reported quarterly earnings per share of GBX 249.85, with a return on equity of 50.98% and a net margin of 97.63%. On August 4, 2026, the trust's shares reached a new 52-week high of GBX 435.80 during mid-day trading, closing at GBX 712 with a volume of 1,322,217 shares, Markets Daily reported. In a July 30, 2026 podcast discussion on Silicon Valley Bite Size, Cherry Reynard interviewed Mike Seidenberg, lead manager of Allianz Technology Trust, about the challenges of investing in cybersecurity, according to UK Investor Magazine.

Next Steps for Allianz Technology Trust

The notification states the date on which the issuer was notified was October 16, 2026, and the date of completion was October 16, 2026.