Coats Group plc (GB:COA) has released an update.
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Coats Group PLC has announced that BlackRock, Inc. has altered its stake in the company, crossing the 5% threshold of voting rights attached to shares on September 6, 2024. This change, notified on September 9, reflects a new total holding of 5.11%, combining both direct voting rights and financial instruments. The detailed notification highlights BlackRock’s complex chain of controlled undertakings and positions within the Coats Group.
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