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DPLM

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NEUTRAL

Diploma PLC: BlackRock increases stake to over 5%

Why we think this is neutral

This RNS announcement details a change in major shareholding, with BlackRock increasing its stake in Diploma PLC to over 5%. As this is not one of the mandatory news types specified, I have assigned a neutral sentiment score.

Key Points

  • BlackRock, Inc. has increased its stake in Diploma PLC to 5.02% of the voting rights

Summary

The industrial distributor reports that BlackRock has increased its stake in the company to over 5% of the voting rights.

Diploma PLC has announced that BlackRock, Inc. has increased its stake in the company to 5.02% of the voting rights. The disclosure was made in accordance with the Disclosure Guidance and Transparency Rules. No further details were provided in the RNS announcement.

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