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