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NEUTRAL

Rosebank Industries Announces Change in Shareholding

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types that would require a detailed analysis. It simply reports a change in shareholding for Rosebank Industries.

Key Points

  • Aviva PLC's stake in Rosebank Industries reduced from 7.29% to 4.66%
  • Change in shareholding due to an open offer by the company

Summary

The retailer has announced a change in its major shareholder, with Aviva PLC reducing its stake in the company.

Rosebank Industries PLC has announced a change in its major shareholding, with Aviva PLC reducing its stake in the company from 7.29% to 4.66%. This change in shareholding was triggered by an open offer by the company.

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