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Allan Gray Australia Acquires Major Stake in Intelligent Monitoring Group
Company Announcements

Allan Gray Australia Acquires Major Stake in Intelligent Monitoring Group

Intelligent Monitoring Group Limited (AU:IMB) has released an update.

Allan Gray Australia Pty Ltd has emerged as a substantial shareholder in Intelligent Monitoring Group Limited, acquiring a 9.58% stake consisting of 28,906,250 ordinary shares. The investment firm gained this significant portion of voting power on June 4, 2024, as detailed in a recent disclosure. This move by Allan Gray Australia could signal a vote of confidence in Intelligent Monitoring Group’s future prospects and market performance.

For further insights into AU:IMB stock, check out TipRanks’ Stock Analysis page.

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