Pennon Group plc ( (GB:PNN) ) just unveiled an announcement.
Pennon Group plc announced a change in voting rights due to an acquisition or disposal by Barclays PLC, which has resulted in their voting rights falling below the minimum threshold. This adjustment in holdings could influence Pennon’s shareholder dynamics and potentially impact its strategic decisions, reflecting the fluid nature of stakeholder engagement in the industry.
More about Pennon Group plc
Pennon Group plc is a UK-based company operating primarily in the water and waste management industry. It focuses on providing essential water and wastewater services, serving various regions across the United Kingdom.
YTD Price Performance: -7.78%
Average Trading Volume: 1,864,876
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.98B
Learn more about PNN stock on TipRanks’ Stock Analysis page.