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TT Electronics ( (GB:TTG) ) just unveiled an announcement.
TT Electronics Plc has announced a notification of major holdings due to an acquisition of voting rights by DBAY Advisors Limited, acting as a discretionary investment manager to DouglasBay Capital IV Fund LP. This acquisition results in DBAY Advisors Limited holding a 6.65% stake in the company, up from a previous 5.01%. This change in voting rights signals a significant investment move, potentially impacting the strategic decisions and market positioning of TT Electronics Plc.
More about TT Electronics
TT Electronics Plc is a company involved in the technology and electronics industry, focusing on the development and supply of engineered electronics for performance-critical applications. The company serves various market sectors, including industrial, medical, and aerospace sectors, providing products and services that cater to complex electronic challenges.
YTD Price Performance: -28.57%
Average Trading Volume: 1,268,035
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £189M
Learn more about TTG stock on TipRanks’ Stock Analysis page.
