B&M Retail Sees Major Shareholding Change
Why we think this is neutral
This RNS announcement is a TR-1 Major Shareholding Notification, which does not contain any of the mandatory news types such as contract news, trading updates, or financial results. As a result, I have assigned a neutral sentiment score.
Key Points
- The Capital Group Companies, Inc. now holds 9.79% of the voting rights in B&M European Value Retail S.A.
- This is a decrease from their previous holding of 10.04%
Summary
The retailer has seen a change in its major shareholding, with The Capital Group Companies, Inc. now holding 9.79% of the voting rights.
B&M European Value Retail S.A. has announced a TR-1 Major Shareholding Notification, indicating that The Capital Group Companies, Inc. now holds 9.79% of the voting rights in the company. This represents a decrease from their previous holding of 10.04%.
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