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Greencoat UK Wind Transfers Shares to Investment Manager

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Greencoat UK Wind Transfers Shares to Investment Manager

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Greencoat UK Wind ( (GB:UKW) ) has provided an update.

Greencoat UK Wind PLC has announced the transfer of 271,791 shares from treasury to Schroders Greencoat LLP, the company’s investment manager. This move, which includes a lock-up period of three years, increases the investment manager’s stake in the company to 0.2% of the issued share capital. The total number of issued ordinary shares will be 2,246,882,910, impacting the company’s market positioning and providing stakeholders with updated figures for their interest calculations.

More about Greencoat UK Wind

Greencoat UK Wind PLC operates in the renewable energy sector, focusing on wind power generation. The company specializes in the investment and management of wind farms in the United Kingdom, aiming to provide a sustainable energy solution and stable returns to its shareholders.

YTD Price Performance: -6.81%

Average Trading Volume: 3,794,418

Technical Sentiment Consensus Rating: Buy

Learn more about UKW stock on TipRanks’ Stock Analysis page.

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