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The latest announcement is out from Victoria ( (GB:VCP) ).
Victoria PLC has announced a significant change in its shareholder structure, with Spruce House Investment Management LLC acquiring a substantial number of voting rights through financial instruments. This move results in Spruce House now holding 3.841808% of voting rights in Victoria PLC, up from their previous 0.843791%. The acquisition involves a Total Return Swap that references Victoria PLC’s shares, indicating a strategic financial maneuver by Spruce House that could impact the company’s governance and market perception.
More about Victoria
YTD Price Performance: -84.14%
Average Trading Volume: 1,595,837
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £54.75M
Learn more about VCP stock on TipRanks’ Stock Analysis page.