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BlackRock Ups Stake in Centamin PLC
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BlackRock Ups Stake in Centamin PLC

Centamin (GB:CEY) has released an update.

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Centamin PLC has notified that on September 17, 2024, investment giant BlackRock, Inc. crossed a notable threshold, acquiring a combined total of 5.14% in voting rights through shares and financial instruments. The major holdings now include 4.21% of direct voting rights and 0.93% through financial instruments, with BlackRock’s total voting rights in the company amounting to nearly 60 million. This change in shareholding structure could indicate a strategic move by BlackRock, reflecting its confidence in the future of Centamin.

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

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