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Irenic Capital Increases Stake in FD Technologies
Company Announcements

Irenic Capital Increases Stake in FD Technologies

Story Highlights
  • Irenic Capital Management now holds 27.12% of FD Technologies’ voting rights.
  • This stake increase suggests a greater influence of Irenic Capital on FD Technologies’ strategies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

FD Technologies ( (GB:FDP) ) has provided an update.

FD Technologies PLC, a UK-based company, has witnessed a significant change in its voting rights breakdown as Irenic Capital Management, a US-based investment firm, has increased its stake in the company. As of January 29, 2025, Irenic Capital Management now holds 27.12% of FD Technologies’ voting rights, up from a previous position of 21.03%. This shift indicates a stronger influence by Irenic Capital in the decision-making processes of FD Technologies, potentially impacting the company’s future strategic directions.

More about FD Technologies

YTD Price Performance: -3.09%

Average Trading Volume: 45,528

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £416.1M

Find detailed analytics on FDP stock on TipRanks’ Stock Analysis page.

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