Quilter (GB:QLT) has released an update.
Coronation Fund Managers has increased their stake in Quilter PLC, crossing a notable threshold on May 2, 2024, with a total voting rights share now at 23.023363%. The transaction was belatedly reported to Quilter due to an oversight, for which Coronation has apologized and taken measures to prevent future delays. This change in shareholding could signal a strategic move by the South African investment firm, potentially affecting Quilter’s market position.
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