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TGP

-3.91%
NEUTRAL

Tekmar Group Announces Change in Major Shareholding

Why we think this is neutral

The RNS announcement regarding a change in major shareholding for Tekmar Group plc appears to be a routine regulatory update with no material financial impact on the company. There are no concerning factors or red flags identified in the information provided.

Key Points

  • River Global Investors LLP has reduced its stake in Tekmar Group plc from 7.368800% to 6.969200%

Summary

The engineering company has announced a change in major shareholding, with an investor reducing their stake.

Tekmar Group plc, an engineering company serving the offshore energy markets, has announced a change in major shareholding. River Global Investors LLP has reduced its stake in the company from 7.368800% to 6.969200%. This appears to be a routine regulatory announcement with no material financial impact on the business.

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