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IG Markets Limited Ups Stake in Avation PLC
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IG Markets Limited Ups Stake in Avation PLC

Avation (GB:AVAP) has released an update.

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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.

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