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3i Group Updates Total Voting Rights Post-Share Allotment

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3i Group plc ( (GB:III) ) has shared an announcement.

3i Group plc has announced an update regarding its total voting rights following an allotment of shares under its Share Incentive Plan. The company now has 973,400,238 issued ordinary shares, each carrying one vote at general meetings. This update is significant for shareholders and others with notification obligations as it affects the calculations for notifying changes in their interests in the company under the FCA’s Disclosure Guidance and Transparency Rules.

Spark’s Take on GB:III Stock

According to Spark, TipRanks’ AI Analyst, GB:III is a Outperform.

3i Group plc exhibits a robust financial profile and a positive technical trend. Its solid valuation metrics and recent corporate actions further enhance its attractiveness. While revenue growth and cash flow generation could see improvements, the overall outlook remains favorable for investors.

To see Spark’s full report on GB:III stock, click here.

More about 3i Group plc

YTD Price Performance: 17.28%

Average Trading Volume: 1,783,612

Technical Sentiment Signal: Sell

Current Market Cap: £40.31B

See more insights into III stock on TipRanks’ Stock Analysis page.

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