Octopus Investments Increases Stake in Idox plc

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Octopus Investments Increases Stake in Idox plc

Idox plc ( (GB:IDOX) ) has issued an announcement.

Idox plc has announced a change in its major shareholders, with Octopus Investments Limited increasing its voting rights to 16.43% from a previous 15.74%. This acquisition of voting rights by Octopus Investments Limited signifies a strengthened influence in the company, potentially impacting its strategic decisions and signaling confidence in Idox’s market positioning.

More about Idox plc

Idox plc is a UK-based company operating in the software and services industry, providing information management solutions primarily to the public sector and asset-intensive industries.

YTD Price Performance: -6.25%

Average Trading Volume: 583,697

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £273.6M

Learn more about IDOX stock on TipRanks’ Stock Analysis page.

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