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Schroders Plc Increases Stake in On The Beach Group PLC
Company Announcements

Schroders Plc Increases Stake in On The Beach Group PLC

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On The Beach ( (GB:OTB) ) has shared an announcement.

On The Beach Group PLC announced that Schroders Plc has crossed a voting rights threshold, now holding 5.009454% of the company’s voting rights. This acquisition could impact On The Beach’s shareholder dynamics and indicates potential strategic interests from institutional investors, reflecting broader trends in institutional engagement within the travel sector.

More about On The Beach

On The Beach Group PLC is a UK-based company operating in the travel and leisure industry, primarily offering online holiday booking services. The company focuses on providing affordable beach holiday packages to a broad market, leveraging digital platforms to reach customers.

YTD Price Performance: -8.07%

Average Trading Volume: 1,077,507

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £378M

See more insights into OTB stock on TipRanks’ Stock Analysis page.

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