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Silchester Scales Down Stake in Mitie Group
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Silchester Scales Down Stake in Mitie Group

Mitie Group plc (GB:MTO) has released an update.

Silchester International Investors LLP has adjusted its stake in Mitie Group PLC, with a decrease in voting rights from 10.999% to 9.997%, as reported on April 18, 2024. This shift reflects changes in the number of shares issued by Mitie Group, with Silchester acting as the investment manager with full discretion over its clients’ investments. The news indicates a significant transaction by a major investment firm in one of the UK’s prominent service management companies.

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

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