Morgan Stanley Ups Stake in Pinewood Technologies
Company Announcements

Morgan Stanley Ups Stake in Pinewood Technologies

Pendragon plc (GB:PINE) has released an update.

Morgan Stanley has increased its stake in Pinewood Technologies Group PLC, with the total voting rights now reaching 6.75%, up from the previous notification of 5.06%. The threshold was crossed on May 8, 2024, and the company was officially notified on May 10, 2024. This change in shareholding reflects a significant acquisition of shares by the financial services firm within the UK-based technology company.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

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