Irenic Capital Ups Stake in FD Technologies

FD Technologies (GB:FDP) has released an update.

FD Technologies PLC has announced that Irenic Capital Management has increased its stake in the company, now holding 18.17% of the voting rights after acquiring additional shares on July 2, 2024. The New York-based firm crossed the notification threshold, resulting in a higher total position than their previous holding of 17.29%. This strategic move by Irenic Capital Management reflects a growing interest in FD Technologies’ market position.

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