Greencore 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
- UBS Group AG's investment bank and global wealth management divisions no longer hold over 5% of Greencore Group's shares
- This is a routine regulatory disclosure as shareholdings above 5% must be reported
Summary
The packaged foods company has reported a change in shareholding, with UBS Group AG's investment bank and wealth management divisions no longer holding over 5% of the company's shares.
Greencore Group plc, a leading manufacturer of convenience foods in the UK and Ireland, has announced that UBS Group AG's investment bank and global wealth management divisions have reduced their shareholding in the company to below 5%. This change in holding is a routine regulatory disclosure, as shareholdings above 5% are required to be reported.
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