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Distil PLC Announces Change in Voting Rights

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Distil PLC Announces Change in Voting Rights

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Distil plc ( (GB:DIS) ) has shared an announcement.

Distil PLC, a company involved in the production and distribution of alcoholic beverages, has announced a change in its voting rights structure. Dr. Graham Cooley has increased his voting rights in the company from 18.10% to 19.15%, reflecting a significant acquisition of shares. This change may impact the company’s decision-making processes and influence its strategic direction, given Dr. Cooley’s enhanced voting power.

Spark’s Take on GB:DIS Stock

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

Distil plc’s overall stock score is primarily impacted by weak financial performance, characterized by declining revenues, profitability, and cash flow issues. While corporate events offer potential growth prospects, valuation concerns and technical analysis indicate a mixed market sentiment.

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

More about Distil plc

Average Trading Volume: 11,505,292

Technical Sentiment Signal: Sell

Current Market Cap: £1.96M

See more data about DIS stock on TipRanks’ Stock Analysis page.

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