tiprankstipranks
Network International Sees Major Stake Increase
Company Announcements

Network International Sees Major Stake Increase

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskJPMorgan Adjusts Stake in Network International Holdings
TipRanks UK Auto-Generated NewsdeskPentwater Acquires 5.18% of Network International
TipRanks UK Auto-Generated NewsdeskBarclays Increases Stake in Network International
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!