Coats Group Announces Change in Shareholding
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It simply reports a change in shareholding, which is a routine regulatory disclosure.
Key Points
- Aberdeen Group plc's shareholding in Coats Group plc has fallen below 5%
Summary
The retailer has announced a change in its major shareholding, with Aberdeen Group plc reducing its stake below 5%.
Coats Group plc has announced that Aberdeen Group plc has reduced its shareholding in the company to below 5% of the total voting rights.
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