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Pinewood Technologies ( (GB:PINE) ) just unveiled an update.
Pinewood Technologies Group PLC has been involved in a significant notification regarding the acquisition or disposal of voting rights by Citigroup Global Markets Limited. The notification indicates that the threshold of voting rights was crossed on May 3, 2024, with Citigroup now holding 5.805769% of the voting rights. This adjustment in shareholding, officially notified on February 12, 2025, suggests a strategic repositioning of Citigroup’s stake in Pinewood Technologies, which could have implications for both stakeholders and the company’s future direction.
More about Pinewood Technologies
Pinewood Technologies Group PLC is a UK-based company operating in the technology sector. The company is involved in providing technology solutions, though specific details about its primary products or services are not provided in the release.
YTD Price Performance: -9.19%
Average Trading Volume: 370,945
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £275.9M
For detailed information about PINE stock, go to TipRanks’ Stock Analysis page.
