Gear4music (Holdings) (GB:G4M) has released an update.
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Gear4music (Holdings) PLC has notified the market of a significant change in share ownership, with IG Markets Limited acquiring voting rights that total 11.160194% through financial instruments, specifically equity swaps. The transaction, which crossed the notifiable threshold on June 24, 2024, resulted in IG Markets Limited holding a total of 2,341,067 voting rights in the company. IG Markets Limited is a subsidiary of IG Group Holdings plc, indicating a strategic investment move by the parent group.
For further insights into GB:G4M stock, check out TipRanks’ Stock Analysis page.
