BlackRock Adjusts Stake in Pennon Group
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BlackRock Adjusts Stake in Pennon Group

Pennon Group plc (GB:PNN) has released an update.

Pennon Group PLC has experienced a significant change in shareholding, with investment giant BlackRock, Inc. adjusting its stake. On April 24, 2024, BlackRock crossed a threshold affecting its voting rights, resulting in a combined total of 5.85% of Pennon Group’s voting rights, a slight decrease from the previous notification. The changes in holdings reflect both direct share ownership and financial instruments such as securities lending and contracts for difference (CFDs).

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


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