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Norges Bank Ups Stake in Unite Group
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Norges Bank Ups Stake in Unite Group

Unite Group plc (GB:UTG) has released an update.

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Norges Bank has increased its stake in Unite Group PLC, a leading UK-based property company, crossing the notification threshold on July 24, 2024, with a total of 9.921480% voting rights. This change in holdings, which represents a notable increase from the previous notification at 8.060890%, was officially reported to the issuer on July 26, 2024. The update signifies a strategic move by Norges Bank, indicating their growing interest in Unite Group’s market position.

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

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