REG - Inchcape PLC - Re-organisation of major shareholder’s entities

InchcapeAnnouncement

20/01/2026 09:15

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RNS Number : 5966P  Inchcape PLC  20 January 2026

 
 
Re-organisation of major shareholder's legal entities

 

 

Inchcape plc ("Inchcape" or the "Company"), the leading global automotive
distributor, announces that one of its major shareholders, Mr George Horesh,
has reorganised the holdings in some of his companies, including by way of the
transfer of his shares in Union Motors ("Union") to family members. This
reorganisation is effective from 31 December 2025 after receiving necessary
approvals on 15 January 2026.

 

As a result of this re-organisation, Mr Horesh (directly or through Union)
will cease to be a major shareholder of the Company. Mr Horesh continues to
hold 7,053,958 shares in the Company (currently representing approximately
1.96% of the Company's shares in issue). Union continues to hold 8,204,175
shares in the Company (currently representing approximately 2.27% of the
Company's shares in issue). Union is, however, no longer owned or controlled
by Mr Horesh.

 

As of 15 January 2026, Union owns 8,204,175 Inchcape shares, equating to
approximately 2.27% of the Company's share capital and Mr Horesh owns
7,053,958 Inchcape shares, equating to 1.96% of the Company's share capital.

 

The relevant TR-1 notification, relating to this re-organisation, will be made
to the market today.

 

Contacts
 Inchcape plc (Investor queries):
 Rob Gurner                          +44 (0)7825 189 088  i (mailto:investors@inchcape.com) nvestors@inchcape.com
                                                          (mailto:investors@inchcape.com)
 Rachel Masser

 DGA (media enquiries):
 James Melville Ross                 +44 (0)20 7038 7419  inchcape@dgagroup.com (mailto:inchcape@dgagroup.com)
 James Styles

 
 
About Inchcape

Inchcape is the leading global automotive distributor, with operations across
six continents. Inchcape works with our mobility company partners in smaller,
more complex and harder-to-reach markets, which tend to be higher growth. By
combining our in-market expertise with our unique technology and advanced data
analytics, we create innovative customer experiences that deliver outstanding
performance for our partners - building stronger automotive brands and
creating sustainable growth.

 

Our distribution platform connects the products of mobility company partners
with customers, and our responsibilities span product planning and pricing,
import and logistics, brand and marketing to operating digital sales, managing
physical sales and aftermarket service channels. Delivering for our partners,
our customers and our people - so they can realise their ambitions in the new
world of mobility. The Group is headquartered in London and employs over
16,000 people globally.

 

www.inchcape.com
(https://protect.checkpoint.com/v2/r02/___http:/www.inchcape.com___.YzJlOnVuaW9uZ3JvdXA6YzpvOmQ0YmIxZTkyOWRlNWEzNjE2ZDJlZmE5MGI2OGJjOGE0Ojc6OTJlOTpkMmVkYzVkNWU0MTdiZTdhNWEyZThhMjAwNGU4MmE2OTlmZTczMDYzMWI3ZjQzZGNmMGMyN2Q3M2U2NjI1Y2FlOnA6VDpU)

 

 

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