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Close Asset Management Reduces Stake in Billington Holdings

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Close Asset Management Reduces Stake in Billington Holdings

Billington Holdings ( (GB:BILN) ) has issued an update.

Billington Holdings PLC has announced that Close Asset Management Limited has reduced its voting rights in the company to 10.7% after the issuance of new shares increased the total shares outstanding. This adjustment in holdings reflects a crossing below the 11% ownership threshold, indicating a shift in the shareholder’s position in the company.

More about Billington Holdings

Billington Holdings PLC is a UK-based company, primarily involved in the construction industry, focusing on providing structural steel and engineering solutions.

YTD Price Performance: -2.00%

Average Trading Volume: 32,058

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £62M

For detailed information about BILN stock, go to TipRanks’ Stock Analysis page.

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