IG Markets Limited Ups Stake in Avation PLC
Company Announcements

IG Markets Limited Ups Stake in Avation PLC

Avation (GB:AVAP) has released an update.

Avation PLC has announced that IG Markets Limited has increased its voting rights in the company, crossing a significant threshold on May 16, 2024. This change was formally notified to Avation on the following day, reflecting a total voting rights increase to 4.069242%, all of which is through financial instruments. IG Markets Limited is a subsidiary of IG Group Holdings, indicating a strategic move by the parent company.

For further insights into GB:AVAP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskAvation PLC Announces 2024 Financial Results
TipRanks UK Auto-Generated NewsdeskAvation Sells Aircraft, Streamlines Portfolio
TipRanks UK Auto-Generated NewsdeskAvation Secures Tax Incentive Extension in Singapore
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App