Network International Holdings (GB:NETW) has released an update.
Network International Holdings PLC has disclosed a significant increase in ownership by Societe Generale, with the latter now controlling 6.0869% of voting rights post-acquisition, an uptick from the previously reported 4.7369%. The notification, completed on June 27, 2024, corrects a prior announcement and specifies that the threshold was crossed on August 1, 2023. This change in voting rights reflects a strategic shift in shareholder composition for the UK-based payment solutions provider.
For further insights into GB:NETW stock, check out TipRanks’ Stock Analysis page.