Paragon Banking Group PLC (GB:PAG) has released an update.
Paragon Banking Group PLC has notified a significant change in shareholdings, with BlackRock, Inc.’s total voting rights in the company dropping below 5% following a client-directed decrease in voting rights. The notification was completed on 15 July 2024, as Paragon Banking Group’s total voting position shifted due to transactions which occurred on 12 July 2024. This change in holdings may be of interest to investors tracking ownership concentration and voting power within the UK-based banking institution.
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