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Genuit Group ( (GB:GEN) ) has issued an announcement.
Genuit Group plc has announced a significant change in its shareholder structure due to FIL Limited’s acquisition of financial instruments, which has resulted in a slight increase in their voting rights to 12.1024%. This adjustment in holdings reflects a strategic move by FIL Limited to consolidate its influence within Genuit Group, potentially impacting the company’s strategic direction and market performance.
More about Genuit Group
Genuit Group plc is a UK-based company operating in the manufacturing industry. It specializes in providing sustainable water, climate, and ventilation solutions through a range of products primarily focused on environmental management and building infrastructure sectors.
YTD Price Performance: -5.78%
Average Trading Volume: 752,773
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £913.7M
Find detailed analytics on GEN stock on TipRanks’ Stock Analysis page.