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Schroders Increases Stake in Zotefoams PLC

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Schroders Increases Stake in Zotefoams PLC

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Zotefoams ( (GB:ZTF) ) has shared an announcement.

Zotefoams PLC has announced a change in its major holdings, with Schroders Plc increasing its voting rights to 15.91% from a previous 14.98%. This acquisition of voting rights signifies a strengthened position for Schroders within Zotefoams, potentially impacting the company’s governance and strategic direction.

More about Zotefoams

Zotefoams PLC is a UK-based company operating in the manufacturing industry, specializing in the production of advanced cellular materials. The company focuses on delivering innovative foam solutions for a variety of markets, including automotive, aviation, and consumer products.

YTD Price Performance: -15.56%

Average Trading Volume: 93,366

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £128.7M

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

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