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CAM

-0.91%
NEUTRAL

Camellia Plc Announces Holding(s) in Company

Why we think this is neutral

This RNS announcement is a regulatory notification of a change in shareholding, which does not contain any of the mandatory news types that would require further in-depth analysis. As such, the sentiment is assessed as neutral.

Key Points

  • XIX-INVEST NV has acquired a 3.026% stake in Camellia Plc
  • The shareholding was acquired passively following a tender offer by the company

Summary

The major shareholder of this consumer defensive company has crossed the 3% threshold, as part of a passive investment.

Camellia Plc, a diversified agriculture and engineering company, has received a notification that XIX-INVEST NV, a major shareholder, has crossed the 3% threshold in the company's shares. This is a passive crossing of the threshold following a tender offer by the issuer.

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