Ground Rents Income Fund (GB:GRIO) has released an update.
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Gracefavour Limited has reported a significant increase in its stake in Ground Rents Income Fund PLC, crossing a notable threshold on July 12, 2024. The company now holds 8.52% of the voting rights, with a total of 8,150,000 shares, marking a substantial rise from their previous notification of 4.96%. This shift in shareholding could signal a strategic move within the UK-based fund, attracting attention from investors monitoring changes in company ownership.
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