Pendragon (GB:PINE) has released an update.
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Morgan Stanley has increased its stake in Pinewood Technologies Group PLC, crossing the threshold on June 12, 2024, to now hold 7.08% of the company’s voting rights. This change in shareholding was officially notified on June 14, 2024, marking a slight rise from their previous holding of 6.94%. The acquisition positions Morgan Stanley with over 6 million direct voting rights in the UK-based technology firm.
For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.
