Lynas Rare Earths Limited (AU:LYC) has released an update.
Greencape Capital Pty Limited has announced its position as a new substantial holder in Lynas Rare Earths Ltd, with a 5.14% voting power through ordinary fully paid shares. The acquisition includes both on-market purchases and off-market transfers, as detailed in the formal notice to the ASX. This strategic move by Greencape Capital signifies a notable shift in Lynas Rare Earths’ shareholder structure as of June 17, 2024.
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