XP Power Announces Change in Major Shareholding
Why we think this is neutral
The RNS announcement indicates a routine change in major shareholding, with Montanaro Asset Management Limited reducing its stake in XP Power from 5.81% to 4.71%. This is a common regulatory filing without any material impact on the company's operations or financials.
Key Points
- Montanaro Asset Management Limited has reduced its shareholding in XP Power Limited from 5.81% to 4.71%
- This is a routine regulatory notification of a change in major shareholding
Summary
The industrial technology company has reported a change in major shareholding, with an institutional investor reducing its stake.
XP Power Limited, an investment holding company, has announced that Montanaro Asset Management Limited has reduced its shareholding in the company from 5.81% to 4.71%. This is a regulatory notification of a change in major shareholding, which is a common event and does not indicate any significant operational or financial changes for the business.
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