Kerry Group PLC, the Irish-headquartered global taste and nutrition company, has disclosed that BlackRock, Inc. crossed the 8% voting rights threshold in the firm on 11 November 2026. The Standard Form TR-1 notification, filed with both Kerry Group and the Central Bank of Ireland on 12 November 2026, confirms BlackRock's combined holding rose to 8.03% from a previous notified position of 7.00%. The move represents a meaningful increase in one of the world's largest asset managers' exposure to Kerry Group, a constituent of the Irish stock market with 157,448,254 total voting rights in issue.
Key Points
- Kerry Group PLC (KYGA) — global taste and nutrition ingredients group headquartered in Ireland
- BlackRock, Inc. crossed the 8% combined voting rights threshold on 11 November 2026
- Total combined holding stands at 8.03%, comprising 6.70% via shares, 0.12% via American Depositary Receipts, and 1.20% via cash-settled CFDs
- Investors may watch whether BlackRock's holding continues to rise above the next regulatory threshold
BlackRock's Combined 8.03% Position Breaks Down Across Shares, ADRs and CFDs
According to the TR-1 notification, BlackRock's resulting position on 11 November 2026 comprised 6.70% of voting rights attached directly to Kerry Group shares, equating to 10,554,304 shares under ISIN IE0004906560. A further 0.12% is held through American Depositary Receipts, representing 191,412 voting rights, classified as financial instruments under Regulation 17(1)(a). The remaining 1.20%, amounting to 1,897,759 voting rights on a delta-adjusted basis, is held via cash-settled contracts for difference. Together, these positions produced the 8.03% total that triggered the threshold notification to the Central Bank of Ireland.
Previous BlackRock Notification in Kerry Group Stood at 7.00% Combined
The disclosure confirms that BlackRock's prior notified position in Kerry Group consisted of 6.01% in voting rights attached to shares and 0.98% through financial instruments, giving a combined total of 7.00%. The latest filing therefore reflects a net increase of approximately one percentage point across both the direct share position and the financial instruments component. The notification was completed at BlackRock's London address at 12 Throgmorton Avenue, EC2N 2DL, and covers holdings channelled through an extensive chain of BlackRock's globally controlled subsidiaries spanning the United States, United Kingdom, Europe, Asia-Pacific, and Canada.
Kerry Group's 157 Million Voting Rights Base and Regulatory Context
Kerry Group PLC, which serves customers across the global food, beverage, and pharmaceutical sectors with taste and nutrition solutions, has a total voting rights base of 157,448,254 shares as stated in the notification. The TR-1 form is a standard regulatory mechanism under the Transparency (Directive 2004/109/EC) Regulations 2007 and Central Bank of Ireland Transparency Rules, requiring disclosure whenever a major holder crosses a defined percentage threshold. BlackRock is classified as an entity that controls other undertakings, and the full chain of subsidiaries through which the Kerry Group interest is effectively held is attached to the filing.
Significance of a Major Asset Manager Raising Its Kerry Group Stake
BlackRock, Inc., registered in Wilmington, Delaware, is among the world's largest institutional asset managers, and its crossing of the 8% threshold in Kerry Group will be noted by investors tracking significant shareholder movements in the company. The notification involves both an acquisition of voting rights and an acquisition of financial instruments, as indicated in the form. Investors may be watching whether further threshold crossings occur, given that the next standard notification level under Irish transparency rules would be 9%. Kerry Group operates across multiple international markets, and institutional positioning of this scale can reflect broader strategic interest in the ingredients and food science sector.




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