Unite Group plc (GB:UTG) has released an update.
Unite Group PLC has reported a significant change in share ownership, with investment giant BlackRock, Inc. acquiring additional voting rights, bringing their total to 7.28%. The transaction, which occurred on September 13, 2024, has increased BlackRock’s direct voting rights attached to shares to 4.73% and rights through financial instruments to 2.55%, resulting in a new total of over 35 million voting rights held in the company. This change exceeds previous notification thresholds, highlighting BlackRock’s growing interest and influence in the UK-based property company.
For further insights into GB:UTG stock, check out TipRanks’ Stock Analysis page.
