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Pacific Horizon Investment Trust PLC ( (GB:PHI) ) has provided an update.
Pacific Horizon Investment Trust PLC has announced a change in its voting rights structure following a substantial acquisition of shares by City of London Investment Management Company Limited. This acquisition increases City of London’s voting rights from 11.1% to 12.14%, potentially enhancing its influence over the trust’s decisions and strategy. This change signifies a notable shift in shareholder dynamics, reflecting the confidence of major stakeholders in the trust’s investment strategy and market positioning.
More about Pacific Horizon Investment Trust PLC
Pacific Horizon Investment Trust PLC is a UK-based investment trust company that focuses on investing in high-growth opportunities primarily in the Asia Pacific region, excluding Japan. The company offers a portfolio of investments aiming to maximize capital growth, catering to investors interested in the dynamic markets of Asia.
YTD Price Performance: 0.52%
Average Trading Volume: 255,249
Technical Sentiment Consensus Rating: Hold
See more data about PHI stock on TipRanks’ Stock Analysis page.
