Pebble Beach Systems (GB:PEB) has released an update.
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Pebble Beach Systems Group has announced that Kestrel Partners LLP, linked to Non-Executive Director Chris Errington, sold 5.5 million shares on behalf of discretionary clients. Despite this sale, Kestrel still holds significant influence with voting rights over 31.6 million shares, representing 25.35% of the company’s issued share capital. This move highlights ongoing strategic adjustments within the company’s shareholding structure, potentially impacting investor dynamics.
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