Watches of Switzerland 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 simply a notification of a change in shareholding, which is a routine regulatory disclosure.
Key Points
- Norges Bank has increased its stake in Watches of Switzerland Group to over 5% of the total voting rights
- The change in holding was reported to the company on 4th July 2025
Summary
The retailer has announced a change in its major shareholding, with Norges Bank increasing its stake to over 5% of the company's shares.
Watches of Switzerland Group PLC has announced that Norges Bank, the central bank of Norway, has increased its shareholding in the company to 5.051160% of the total voting rights. This change in holding was reported to the company on 4th July 2025.
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