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Spruce House Increases Stake in Victoria PLC via Financial Instruments
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Spruce House Increases Stake in Victoria PLC via Financial Instruments

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The latest announcement is out from Victoria ( (GB:VCP) ).

Victoria PLC has announced a significant change in its shareholder structure, with Spruce House Investment Management LLC acquiring a substantial number of voting rights through financial instruments. This move results in Spruce House now holding 3.841808% of voting rights in Victoria PLC, up from their previous 0.843791%. The acquisition involves a Total Return Swap that references Victoria PLC’s shares, indicating a strategic financial maneuver by Spruce House that could impact the company’s governance and market perception.

More about Victoria

YTD Price Performance: -84.14%

Average Trading Volume: 1,595,837

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £54.75M

Learn more about VCP stock on TipRanks’ Stock Analysis page.

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