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Lombard Odier Takes Major Stake in Reach PLC

Lombard Odier Takes Major Stake in Reach PLC

Reach Plc (GB:RCH) has released an update.

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Reach PLC has reported a significant change in its shareholding structure, with Lombard Odier Asset Management (Europe) Limited crossing a notable threshold on April 16, 2024. The total voting rights now stand at 10.02%, resulting from an increase in both direct voting rights at 6.06% and voting rights through financial instruments at 3.96%. This development may interest investors as it reflects a considerable shift in the company’s investment profile.

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

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