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