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Pattern S.p.A. Announces Significant Shareholding Change

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Pattern S.p.A. Announces Significant Shareholding Change

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Pattern S.P.A ( (IT:PTR) ) has issued an update.

Pattern S.p.A., a prominent Italian fashion engineering and production company, announced that GVC Gaesco Gestion, SGIIC, S.A., a Spanish institutional investor, has exceeded a 5% shareholding in the company. This development marks a significant change in Pattern’s share capital structure, potentially impacting its market positioning and stakeholder dynamics.

The most recent analyst rating on (IT:PTR) stock is a Buy with a EUR7.20 price target. To see the full list of analyst forecasts on Pattern S.P.A stock, see the IT:PTR Stock Forecast page.

More about Pattern S.P.A

Pattern Spa is a leading Italian company specializing in the design, engineering, and production of fashion show garments for top international luxury fashion brands. Founded in 2000, the company has grown to become a significant player in the fashion industry, boasting achievements such as the Elite Certification of Borsa Italiana and listing on the Euronext Growth Market of Milan. Pattern Spa is recognized for its commitment to sustainability and innovation, being the first in its sector to receive the SA8000/Social Accountability Certification and an ESG Rating.

Average Trading Volume: 8,270

Technical Sentiment Signal: Sell

Current Market Cap: €58.97M

See more insights into PTR stock on TipRanks’ Stock Analysis page.

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