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RS1

-1.42%
NEUTRAL

RS 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 a routine notification of a change in shareholding, which is informational in nature.

Key Points

  • Mawer Investment Management Ltd. has reduced its shareholding in RS Group plc to 4.999407% of the total voting rights

Summary

The industrial distributor has announced a change in a major shareholder's holding.

RS Group plc has announced that Mawer Investment Management Ltd. has reduced its shareholding in the company to 4.999407% of the total voting rights. This is a routine regulatory notification of a change in major shareholding.

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