Softcat (GB:SCT) has released an update.
Softcat PLC has experienced a significant change in its shareholding structure, with GIC Private Limited reporting a change in the nature of its holding due to security lending, resulting in a combined total of 4.061827% of voting rights. The notification, which includes both direct and indirect voting rights, comes after crossing a threshold on September 11, 2024, and was reported to Softcat PLC and the FCA the following day. This could indicate shifting investor strategies or interests in the IT infrastructure provider’s stock.
For further insights into GB:SCT stock, check out TipRanks’ Stock Analysis page.
