Trainline (GB:TRN) has released an update.
In a recent significant financial move, BlackRock, Inc. has altered its stake in Trainline PLC, with the transaction date reported as June 12, 2024. BlackRock’s total voting rights in the UK-based Trainline now cross the 5% threshold, amounting to a combined 5.01% when accounting for direct voting rights and financial instruments. This change in shareholding positions BlackRock over the previously held sub-5% voting rights, highlighting a strategic shift in its investment in the rail and coach travel booking platform.
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