On The Beach Group Sees Major Stake Shift
Company Announcements

On The Beach Group Sees Major Stake Shift

On The Beach (GB:OTB) has released an update.

On The Beach Group PLC has experienced a notable change in its ownership structure, with Lombard Odier Asset Management (Europe) Limited now holding a 5% stake in the company, crossing the threshold on 26th June 2024. This event triggered a mandatory notification to the company, which was formally acknowledged on the following day. This shift in major holdings could signify strategic financial movements within the beach holiday sector for stakeholders.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskOn The Beach Execs Buy Shares, Signaling Confidence
TipRanks UK Auto-Generated NewsdeskOn The Beach Launches £5M Share Buyback for Employees
TipRanks UK Auto-Generated NewsdeskOn The Beach Unveils Executive LTIP Awards
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App