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.

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