Johnson Matthey (Uk) (GB:JMAT) has released an update.
Johnson Matthey PLC has announced a significant change in share ownership, with Bank of America Corporation crossing a major threshold on April 16, 2024, now holding a total of 18.11% in voting rights. This development was formally notified to the company the following day, indicating a notable shift in Johnson Matthey’s investor landscape. The financial instruments involved include a variety of swaps and other derivatives, reflecting a complex financial strategy by the banking institution.
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