Eumundi Group’s Major Shareholder Increases Stake

Eumundi Group Limited (AU:EBG) has released an update.

Eumundi Group Limited has experienced a significant shift in its shareholder structure, with SCMS Pty Ltd atf SJ Shoobridge Superannuation Fund increasing its stake from 14.01% to 16.54% through a series of market buys and participation in the company’s Dividend Reinvestment Plan (DRP). This change occurred between January and May, culminating in a substantial purchase of 1,000,000 ordinary shares on the 28th of May. No new associates have been reported in relation to this change in voting interests within the company.

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