Redde Northgate Plc (GB:REDD) has released an update.
Redde Northgate Plc has experienced a notable change in share ownership, with Richard Griffiths and controlled undertakings reaching a combined total of 6.03% in voting rights as a result of recent share buybacks and financial instrument acquisitions. The change, which occurred on 16 April 2024, was promptly reported to the company and the FCA the following day. This shift in the balance of power could potentially influence the company’s strategic direction and is a key development for investors to monitor.
For further insights into GB:REDD stock, check out TipRanks’ Stock Analysis page.
