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NEUTRAL

Hiscox Announces Major Shareholder Disclosure

Why we think this is neutral

This RNS announcement is a standard notification of a major shareholder position change, which does not contain any of the mandatory news types that would require further in-depth analysis. The information provided is purely factual, without any indications of positive or negative business performance.

Key Points

  • Boston Partners FKA Robeco Investment Management, Inc. has reduced its shareholding in Hiscox Ltd to 4.93%
  • The previous shareholding was 5.298%

Summary

The insurance group has received a notification of a change in major shareholder holdings.

Hiscox Ltd has received a notification from Boston Partners FKA Robeco Investment Management, Inc. regarding a change in their shareholding. The notification states that Boston Partners now holds 4.93% of Hiscox's voting rights, down from their previous holding of 5.298%.

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