Spec,
The 'Distribution of Shareholdings' table is at the back of the Annual Report (28/9/2023). There is also a table of the Top20 Shareholders.
Top20 Shareholders had 626,759,037 shares (71.4% of the SOI 877,620,034).
There were 513 SHs having 100,001+ shares for 91.65%, including the Top20 which had 71.4%.
So 493 SHs had ~20.25% ... which is what you concluded! Clearly there have been many shareholding changes since last September.
But perhaps RMS should remember the 300 Spartans who fought against the vast Persian Army at Thermopylae in 480BC!!
Take over premium ?, page-35
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