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Cordel Group PLC Announces Shareholder Name Change

Story Highlights
  • Cordel Group PLC announced a shareholder name change to Maven Renovar VCT PLC.
  • The notification indicates no change in the company’s position, just transparency in shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Cordel Group PLC ( (GB:CRDL) ) has shared an update.

Cordel Group PLC, a UK-based company, has issued a notification regarding a change in the name of a shareholder entity from Amati AIM VCT plc to Maven Renovar VCT PLC, following a change of investment manager to Maven Capital Partners UK LLP. This notification does not indicate any change in the position held by the company, but serves to inform stakeholders of the name change, maintaining transparency in its shareholder structure.

Spark’s Take on GB:CRDL Stock

According to Spark, TipRanks’ AI Analyst, GB:CRDL is a Neutral.

Cordel Group PLC’s stock score is marked by strong strategic advancements and revenue growth potential. However, persistent profitability challenges and technical indicators showing bearish momentum weigh heavily. The recent positive corporate events provide a hopeful outlook, but the stock requires improved financial performance for a stronger score.

To see Spark’s full report on GB:CRDL stock, click here.

More about Cordel Group PLC

Average Trading Volume: 223,084

Technical Sentiment Signal: Sell

Current Market Cap: £13.45M

For a thorough assessment of CRDL stock, go to TipRanks’ Stock Analysis page.

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