CMO Group PLC: Shareholding Notification
Why we think this is neutral
The RNS announcement indicates a change in major shareholding, with BGF Investment Management Limited crossing the 25% threshold. This is a regulatory notification and does not appear to have a material financial impact on the business based on the information provided.
Key Points
- BGF Investment Management Limited now holds 25.369% of CMO Group PLC's voting rights
- This is an increase from their previous holding of 23.285%
Summary
The retailer has received a notification of a major shareholder crossing the 25% threshold.
CMO Group PLC has received a notification that BGF Investment Management Limited (a/c BGF Investments LP) now holds 25.369% of the company's voting rights. This is an increase from their previous holding of 23.285%. No other financial or operational details have been provided in this RNS.
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