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Jefferies Financial Group Increases Stake in Totally PLC

Story Highlights
  • Jefferies Financial Group acquires significant voting rights in Totally PLC.
  • The acquisition gives Jefferies 8.59% of voting rights, influencing Totally PLC’s governance.
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Jefferies Financial Group Increases Stake in Totally PLC

Totally ( (GB:TLY) ) has provided an update.

Totally PLC, a UK-based company, has announced a change in its major holdings, with Jefferies Financial Group Inc, a US-based entity, acquiring a significant portion of voting rights. The acquisition involves both direct voting rights and financial instruments, resulting in Jefferies holding a total of 8.59% of voting rights in Totally PLC. This change reflects a strategic move by Jefferies to increase its influence within Totally PLC, potentially impacting the company’s governance and decision-making processes.

More about Totally

YTD Price Performance: -44.83%

Average Trading Volume: 1,587,188

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £7.86M

Find detailed analytics on TLY stock on TipRanks’ Stock Analysis page.

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