ASOS PLC Notifies Major Stake Acquisition by SIH PARTNERS
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ASOS PLC Notifies Major Stake Acquisition by SIH PARTNERS

ASOS plc (GB:ASC) has released an update.

ASOS PLC has experienced a significant change in share ownership, with SIH PARTNERS, LLLP acquiring a total interest of 6.89% through a mix of financial instruments including call and put options, and contracts for difference (CFDs). The transaction, which crossed the notifiable threshold on September 5, 2024, and was reported to ASOS PLC on September 6, 2024, reflects a strategic move by the Delaware-based investment firm, with the complete chain of control detailed in the notification.

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

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