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IBST

-3.07%
NEUTRAL

Ibstock PLC Announces Change in Shareholding

Why we think this is neutral

This RNS announcement is a director dealings update, which does not fall under the mandatory news types specified. As a result, no detailed analysis can be provided, and the sentiment is assessed as neutral.

Key Points

  • Ameriprise Financial, Inc. has increased its stake in Ibstock plc to 5.262% of total voting rights

Summary

The building materials company has announced a change in shareholding by a major investor.

Ibstock plc, a leading manufacturer of clay and concrete building products, has announced a change in shareholding by Ameriprise Financial, Inc., a major institutional investor. The filing indicates that Ameriprise Financial has increased its stake in Ibstock to 5.262% of the company's total voting rights.

DIRECTOR DEALINGS