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Telecom Plus ( (GB:TEP) ) has provided an update.
Telecom Plus PLC announced a change in its major holdings as JPMorgan Asset Management Holdings Inc. has altered its voting rights in the company. The adjustment sees JPMorgan’s total voting rights increase to 5.110380%, which signifies a slight rise in their shareholding. This change in holdings reflects an increased influence in Telecom Plus, potentially impacting future company decisions and emphasizing the interest of major institutional investors in the company’s strategic direction.
More about Telecom Plus
Telecom Plus PLC is a UK-based company operating in the telecommunications sector, providing a range of services including broadband, mobile, and energy solutions. The company focuses on offering bundled utility services to residential and small business customers, aiming to simplify and reduce utility costs.
YTD Price Performance: -4.31%
Average Trading Volume: 129,041
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.3B
Find detailed analytics on TEP stock on TipRanks’ Stock Analysis page.
