Logistics Development Group (GB:LDG) has released an update.
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Richard Griffiths has notified Logistics Development Group PLC of a significant change in shareholding, crossing the threshold on May 22, 2024, with a resulting ownership of 15.28% of the company’s voting rights, as detailed in a mandatory TR-1 notification. The change is attributed to share buybacks, effectively diluting previous share percentages. This substantial holding shift, particularly by an individual investor, could signal important strategic movements within the company’s investor base.
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