M&C Saatchi plc (GB:SAA) has released an update.
Octopus Investments Limited has increased its stake in M&C Saatchi PLC, reaching a total of 11% voting rights on August 2, 2024. This change in shareholding crossed the threshold that necessitated a formal notification to the company, which was completed on August 5, 2024. The acquisition positions Octopus Investments as a significant shareholder with over 13 million voting rights in the advertising and marketing powerhouse.
For further insights into GB:SAA stock, check out TipRanks’ Stock Analysis page.
