Velocity Composites Sees Major Shareholding Shift

Velocity Composites Plc (GB:VEL) has released an update.

Velocity Composites PLC has announced a significant change in share ownership, with Christopher Banks crossing a major holdings threshold on March 18, 2024, now holding 7.95% of voting rights, which equates to 53,468,368 votes. The notification, completed on May 13, 2024, follows an acquisition or disposal of voting rights by Banks, who directly holds all the mentioned voting rights.

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