McBride Announces Change in Major Shareholding
Why we think this is neutral
The RNS announcement appears to be a routine notification of a change in major shareholding, with no clear indication of any material impact on the company's operations or prospects. The lack of context and explanation suggests this is likely a neutral event.
Key Points
- DUMAC, Inc.'s shareholding in McBride plc has decreased from 14.781718% to 13.976400%
- The decrease is due to an acquisition or disposal of voting rights
- The notification was made on 10-Feb-2025, with the threshold being crossed on 06-Feb-2025
- The major shareholders are Gothic Corporation and Blackwell Partners LLC - Series E, which are controlled by DUMAC, Inc.
Summary
McBride plc, a UK-based manufacturer and seller of private label household and personal care products, has announced a change in major shareholding. DUMAC, Inc. has notified that its shareholding in the company has decreased from 14.781718% to 13.976400%. The decrease is due to an acquisition or disposal of voting rights. The notification was made on 10-Feb-2025, with the threshold being crossed on 06-Feb-2025. The major shareholders are Gothic Corporation and Blackwell Partners LLC - Series E, which are controlled by DUMAC, Inc.