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The latest announcement is out from Mincon Group plc ( (GB:MCON) ).
Mincon Group plc has disclosed that institutional investor Keyridge Asset Management has reduced its stake in the company. Keyridge cut its holding from 22,544,151 shares, or 10.61% of Mincon’s issued share capital, to 20,988,475 shares, representing 9.878% of the company, based on 212,472,413 ordinary shares in issue. The move sees Keyridge fall below the 10% threshold, a level often closely watched by the market, and may signal portfolio rebalancing or a shift in its investment stance toward Mincon, though no further context was provided by the company.
More about Mincon Group plc
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