Eagers Automotive Sees Change in Substantial Shareholder

Eagers Automotive Limited (AU:APE) has released an update.

Eagers Automotive Limited has announced that Vernon Charles Wheatley is no longer a substantial holder in the company following the disposal of shares. The share transaction, involving 12,396,588 shares, was executed at a closing price of $11.27 per share on the date of the change. This development is noteworthy for investors monitoring shifts in shareholder dynamics and the potential impact on the company’s stock performance.

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