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GCL

0.69%
NEUTRAL

Geiger Counter Ltd: Barclays PLC Increases Stake

Why we think this is neutral

This is a routine regulatory announcement regarding a change in major shareholding, with Barclays PLC increasing its stake in Geiger Counter Limited to 8.02%. There is no indication of any material financial impact to the business based on the information provided in the RNS.

Key Points

  • Barclays PLC has increased its shareholding in Geiger Counter Limited to 8.02%
  • This is a regulatory announcement regarding a change in major shareholding

Summary

The retailer has announced a change in major shareholding, with Barclays PLC increasing its stake.

Geiger Counter Limited has announced that Barclays PLC has increased its shareholding in the company to 8.02% of the total voting rights. This is a routine regulatory announcement and there is no indication of any material financial impact to the business.

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