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UBS Reduces Holdings in Marlowe PLC Below Reporting Threshold

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UBS Reduces Holdings in Marlowe PLC Below Reporting Threshold

The latest announcement is out from Marlowe ( (GB:MRL) ).

Marlowe PLC announced a notification of major holdings, revealing that UBS Group AG’s trading book holdings in the company have fallen below 5%, thereby exempting them from certain reporting obligations. This change marks a reduction in UBS’s voting rights in Marlowe PLC from a previous position of over 5% to 0%, potentially impacting the company’s shareholder structure and market perception.

More about Marlowe

YTD Price Performance: -2.78%

Average Trading Volume: 575,892

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £261.2M

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

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