Pendragon plc (GB:PINE) has released an update.
Morgan Stanley has increased its stake in Pinewood Technologies Group PLC, crossing the threshold on May 9, 2024, which now stands at 7.283228% of voting rights. This change in shareholding was officially notified to the company on May 13, 2024. The financial giant’s latest move could signal a strategic interest in the UK-based technology firm, as they now possess over 6.3 million voting rights.
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