Costain Group Announces Holding Change
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It is simply a notification of a change in shareholding, which is a routine regulatory disclosure.
Key Points
- Ennismore Fund Management Limited has increased its stake in Costain Group PLC to 4.66% of the total voting rights
- This is a routine regulatory disclosure required when a shareholder's holding crosses above or below certain thresholds
Summary
The engineering and construction firm has announced a change in shareholding, with Ennismore Fund Management Limited increasing its stake in the company.
Costain Group PLC has announced that Ennismore Fund Management Limited has increased its stake in the company to 4.66% of the total voting rights. This is a regulatory disclosure required when a shareholder's holding crosses above or below certain thresholds.
DIRECTOR DEALINGS