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CURY

-0.43%
NEUTRAL

Currys PLC Announces Change in Major Shareholding

Why we think this is neutral

The RNS announcement regarding a change in major shareholding of Equiniti Trust (Jersey) Limited as trustee of the Dixons Carphone plc Employee Benefit Trust does not appear to have any material financial impact on the business. The increase in shareholding from 4.715412% to 5.208477% is a routine regulatory notification without any concerning insights or red flags identified.

Key Points

  • Equiniti Trust (Jersey) Limited as trustee of the Dixons Carphone plc Employee Benefit Trust has increased its shareholding to 5.208477% of the total voting rights
  • The change in shareholding is a routine regulatory notification without any material financial impact on the business

Summary

The retailer has announced a change in major shareholding, with the Dixons Carphone plc Employee Benefit Trust increasing its stake to over 5% of the total voting rights.

Currys PLC has announced a change in major shareholding, with Equiniti Trust (Jersey) Limited as trustee of the Dixons Carphone plc Employee Benefit Trust increasing its holding from 4.715412% to 5.208477% of the total voting rights in the company.

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