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PIC Reduces Stake in AECI Ltd

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PIC Reduces Stake in AECI Ltd

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AECI Ltd ( (GB:87FZ) ) has issued an announcement.

AECI Ltd, a company listed on the Johannesburg Stock Exchange, has announced that the Public Investment Corporation SOC Limited (PIC) has reduced its beneficial interest in AECI’s ordinary securities to 19.686% of the total issued ordinary share capital. This disposal of shares by PIC, a significant shareholder, may impact AECI’s shareholder composition and could have implications for its market positioning and stakeholder relations.

More about AECI Ltd

Technical Sentiment Signal: Strong Buy

Current Market Cap: £389.9M

Learn more about 87FZ stock on TipRanks’ Stock Analysis page.

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