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Norges Bank Acquires Significant Stake in Rosebank

Norges Bank Acquires Significant Stake in Rosebank

Rosebank Industries Plc (GB:ROSE) has released an update.

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Rosebank Industries PLC has reported that Norges Bank, based in Oslo, Norway, has acquired a significant stake, crossing a notable threshold of voting rights on July 12, 2024. The bank now holds 8% of the voting rights in the company, which translates to 1.6 million shares. The notification to Rosebank Industries was completed on July 19, 2024, marking a potentially influential change in the company’s shareholder structure.

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

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