Morgan Stanley Reduces Stake in Pinewood Technologies

Pendragon (GB:PINE) has released an update.

Morgan Stanley has adjusted its stake in Pinewood Technologies Group PLC, with a decrease in voting rights from 7.28% to 6.94% as of May 28, 2024. This change in shareholding crossed the notification threshold, prompting the announcement on May 30, 2024. The financial institution now holds a total of 6,041,787 voting rights in the UK-based tech firm.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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