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Lombard Odier Increases Stake in Redcentric PLC

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Lombard Odier Increases Stake in Redcentric PLC

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An update from Redcentric ( (GB:RCN) ) is now available.

Lombard Odier Asset Management (Europe) Limited has increased its voting rights in Redcentric PLC to 18.17%, a rise from the previous 17.31%. This acquisition of voting rights may impact Redcentric’s strategic decisions and could influence stakeholder interests, reflecting a significant investment and confidence in the company’s future direction.

More about Redcentric

Redcentric PLC operates within the IT services industry, providing network, cloud, and collaboration services to businesses. The company focuses on delivering robust technological solutions tailored to enhance business operations and efficiencies.

YTD Price Performance: -8.00%

Average Trading Volume: 252,384

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £182.7M

See more data about RCN stock on TipRanks’ Stock Analysis page.

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