Sabre Insurance Group plc (GB:SBRE) has released an update.
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Sabre Insurance Group PLC has announced a significant change in share ownership, with JPMorgan Asset Management Holdings Inc. acquiring a total voting rights stake of 5.338879% as of July 1, 2024. The notification, completed on July 2, 2024, in Hyderabad, India, indicates that JPMorgan now holds over 13 million voting rights in the UK-based insurer. This strategic move could signal JPMorgan’s confidence in Sabre Insurance’s market position and potential for growth.
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