Dunelm Group (GB:DNLM) has released an update.
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Dunelm Group plc has announced that Jean Adderley sold 500,000 shares, reducing the Concert Party’s stake to 37.32% of the company’s voting rights. This transaction could allow the Concert Party to increase its voting power to a maximum of 38.27% if the company repurchases shares from other parties. Investors are keenly watching these developments ahead of the Annual General Meeting in November.
For further insights into GB:DNLM stock, check out TipRanks’ Stock Analysis page.
