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Allianz Reduces Stake in Enteq Technologies

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Allianz Reduces Stake in Enteq Technologies

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Enteq Upstream ( (GB:NTQ) ) has provided an update.

Enteq Technologies PLC, a UK-based company, announced that Allianz Global Investors GmbH has reduced its voting rights in the company from 7.44% to 4.79%, following an acquisition or disposal of voting rights on January 10, 2025. This change in holdings was officially notified to Enteq on January 13, 2025. The decrease in voting rights held by Allianz signifies a significant shift in shareholder influence within the company, potentially impacting future decision-making and corporate governance dynamics.

More about Enteq Upstream

YTD Price Performance: -60.61%

Average Trading Volume: 2,137,747

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.36M

Learn more about NTQ stock on TipRanks’ Stock Analysis page.

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