Bowleven Announces Major Shareholding Change

Bowleven (GB:BLVN) has released an update.

Bowleven plc has reported a significant change in its shareholder structure, with Crown Ocean Capital P1 Ltd. now holding 72.56% of the voting rights as of September 18, 2024. This marks a considerable increase from their previous notification, indicating a major shift in ownership dynamics for the UK-based oil and gas company. The acquisition, a result of the Exit Opportunity, reflects a consolidating move by the shareholder and was completed on September 19, 2024, in Monaco.

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