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London City Equities Boosts Stake in Excelsior Capital
Company Announcements

London City Equities Boosts Stake in Excelsior Capital

Story Highlights
  • London City Equities Limited has increased its stake in Excelsior Capital Limited.
  • The company’s voting power in Excelsior Capital has risen to 13.76%, enhancing its influence.
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Excelsior Capital Limited ( (AU:ECL) ) just unveiled an announcement.

London City Equities Limited, along with its related entities, has increased its stake in Excelsior Capital Limited, enhancing its voting power and influence within the company. The company now holds a 13.76% voting power in Excelsior Capital, up from 12.76%, reflecting its strategic consolidation in the company. This change in substantial holding indicates a strengthening of London City Equities’ position, potentially impacting governance and future decision-making at Excelsior Capital.

More about Excelsior Capital Limited

YTD Price Performance: -0.95%

Average Trading Volume: 9,496

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$90.75M

For an in-depth examination of ECL stock, go to TipRanks’ Stock Analysis page.

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