Triple Point Social Housing REIT PLC Sees Significant Share Acquisition by Key Stakeholders

Triple Point Social Housing REIT PLC ( (GB:SOHO) ) just unveiled an announcement.

Triple Point Social Housing REIT PLC announced that Benedict Luke Green and Passaic Services Limited, a closely associated entity, acquired a significant number of ordinary shares in the company. This acquisition increases their combined holdings to 0.25% of the company’s issued share capital, potentially signaling confidence in the company’s market position and future prospects.

More about Triple Point Social Housing REIT PLC

Triple Point Social Housing REIT PLC operates within the real estate investment trust industry, focusing on providing social housing solutions. The company primarily invests in specialized supported housing across the UK, aiming to deliver stable returns to its stakeholders while addressing social housing needs.

YTD Price Performance: 11.05%

Average Trading Volume: 837,113

Technical Sentiment Signal: Sell

Current Market Cap: £253.8M

For an in-depth examination of SOHO stock, go to TipRanks’ Stock Analysis page.