Tekmar Group plc ( (GB:TGP) ) has issued an update.
Tekmar Group PLC announced a change in the holdings of its voting rights due to an acquisition by River Global Investors LLP. This acquisition increased River Global’s voting rights in Tekmar from 6.149% to 7.368%, indicating a significant rise in their stake and potential influence over the company’s strategic decisions.
More about Tekmar Group plc
Tekmar Group PLC is a UK-based company operating in the engineering sector, providing solutions primarily for the offshore energy industry. The company focuses on developing and supplying protection systems for subsea cables and pipelines, catering to markets such as oil and gas and renewable energy.
YTD Price Performance: 6.40%
Average Trading Volume: 303,368
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £9.15M
For detailed information about TGP stock, go to TipRanks’ Stock Analysis page.