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Citigroup Adjusts Stake in Pinewood Technologies
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Citigroup Adjusts Stake in Pinewood Technologies

Pendragon plc (GB:PINE) has released an update.

Citigroup Global Markets Limited has altered its stake in Pinewood Technologies Group PLC, crossing a notable threshold in voting rights on May 7, 2024. This change in shareholding structure was officially reported on the same day, with Citigroup now holding a total of 5.805769% of the voting rights, combining direct shares and financial instruments such as an OTC Swap due in 2028. The notification reflects the dynamic nature of shareholder compositions and could influence investor interest in Pinewood Technologies.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

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