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Close Asset Management Trims Holding in The Property Franchise Group

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The Property Franchise Group PLC (LSE:TBFG) has reported a notable shift in its ownership structure following a share sale by Close Asset Management Limited. On May 7, 2025, Close Asset Management offloaded 618,746 shares, reducing its stake in the company from 6.52% to 4.66%. The reduction triggered a regulatory disclosure, as the shareholding fell below the 5% reporting threshold. This development marks a potential shift in investor dynamics and could influence market perceptions going forward.

Despite the change in ownership, The Property Franchise Group continues to demonstrate robust financial fundamentals. The company benefits from strong revenue growth and sustained profitability. While technical indicators suggest bullish momentum, valuation-related risks warrant prudent analysis. Recent corporate developments and successful acquisitions have strengthened its growth narrative, reinforcing its position as a promising investment, provided it maintains operational discipline.

Company Overview: The Property Franchise Group

The Property Franchise Group PLC operates in the UK real estate sector, offering franchised services in property sales, lettings, and management. The business leverages a franchise model to deliver scalable growth across a nationwide network.

  • Average Daily Trading Volume: 145,602

  • Technical Sentiment: Strong Buy

  • Market Capitalization: £290.1 million

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