Auto Trader (GB:AUTO) has released an update.
Auto Trader Group plc experienced a notable shift in its shareholder structure as investment giant Blackrock, Inc. adjusted its holdings, resulting in a new total of 9.97% of voting rights. This change, which crossed a threshold on May 30, 2024, reflects a slight decrease from BlackRock’s previous notification, where they had held 10.97% of the voting rights. The detailed filing, submitted on May 31, 2024, indicates a blend of direct shares and various financial instruments to secure this position.
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