Elementis (GB:ELM) has released an update.
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Elementis PLC has announced that BlackRock, Inc. has crossed the threshold of 5% voting rights in the company, following recent share transactions. As of August 1, 2024, BlackRock now holds a total of 5% voting rights, combining direct and indirect holdings, which amounts to 29,664,290 voting rights in Elementis. This marks a significant investment move by the American financial giant into the UK-listed global specialty chemicals company.
For further insights into GB:ELM stock, check out TipRanks’ Stock Analysis page.