Morgan Advanced Materials (GB:MGAM) has released an update.
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Morgan Advanced Materials PLC has announced that BlackRock, Inc. has increased its stake in the company, crossing the 5% threshold of voting rights, with a new total holding of 5%. This change occurred on August 16, 2024, and the notification was made on August 19, 2024. The acquisition by BlackRock encompasses both direct voting rights attached to shares and voting rights through financial instruments.
For further insights into GB:MGAM stock, check out TipRanks’ Stock Analysis page.