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On the Beach Sees Stake Reduction by Lombard Odier
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On the Beach Sees Stake Reduction by Lombard Odier

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On The Beach ( (GB:OTB) ) just unveiled an announcement.

On the Beach Group PLC has experienced a change in its voting rights distribution as Lombard Odier Asset Management (Europe) Limited reduced its stake in the company from 5.01% to 4.80%. This adjustment in shareholding indicates a minor shift in investor interests, which might influence the company’s shareholder dynamics.

More about On The Beach

On the Beach Group PLC operates in the travel industry, focusing on providing online travel services, primarily offering holiday packages, flights, and hotel bookings. It caters to consumers looking for convenient and cost-effective travel solutions.

YTD Price Performance: 35.45%

Average Trading Volume: 1,004,647

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £390.5M

For a thorough assessment of OTB stock, go to TipRanks’ Stock Analysis page.

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