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Science Group PLC Expands Stake in Ricardo plc Amid Strategic Realignment

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Science Group PLC Expands Stake in Ricardo plc Amid Strategic Realignment

Science ( (GB:SAG) ) just unveiled an update.

Science Group PLC has increased its shareholding in Ricardo plc to 12% of the voting rights, amid Ricardo’s financial challenges and low share price. This strategic investment is significant under AIM Rules, and Science Group is actively engaging with Ricardo to potentially realign its corporate strategy to enhance shareholder value.

More about Science

Science Group PLC is a company involved in science, technology, and engineering consultancy and systems businesses. They focus on delivering shareholder value through strategic investments and have a history of engaging with companies to realign corporate strategies with shareholder value creation.

YTD Price Performance: -3.53%

Average Trading Volume: 21,967

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £195.2M

For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.

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