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BlackRock Increases Stake in SSP Group PLC

BlackRock Increases Stake in SSP Group PLC

SSP Group plc (GB:SSPG) has released an update.

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BlackRock, Inc. has crossed the 5% threshold in voting rights for SSP Group PLC, with a total holding of 5% combining direct and indirect voting rights as of April 12, 2024. The global investment manager’s acquisition of shares and financial instruments in the UK-based company was officially notified to SSP Group PLC on April 15, 2024. This strategic move by BlackRock represents a significant change in their holding pattern, reflecting their evolving investment strategy.

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

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