Ibstock (GB:IBST) has released an update.
Ibstock PLC has reported a significant increase in holdings by BlackRock, Inc., with the investment giant now controlling a combined total of 12.02% in voting rights, up from 11.06%. The notification, dated September 5, 2024, follows a client instruction that led to BlackRock acquiring additional voting rights and financial instruments in the company. This shift in share distribution could impact Ibstock’s voting outcomes and indicates a growing interest from BlackRock in the UK-based building materials manufacturer.
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