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ECP Asset Management Acquires Stake in Megaport Ltd

ECP Asset Management Acquires Stake in Megaport Ltd

Megaport Ltd. (AU:MP1) has released an update.

ECP Asset Management Pty Ltd has emerged as a substantial holder in Megaport Limited, with a 5.49% voting power through 8,759,326 ordinary fully paid shares. This position was officially obtained on 18th July 2024, as detailed in their recent filing. The acquisition includes shares managed by both ECP Asset Management and EC Pohl & Co Pty Ltd, reflecting a strategic investment move by the asset management firm.

For further insights into AU:MP1 stock, check out TipRanks’ Stock Analysis page.

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