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Mercer Investments Acquires Substantial Stake in Peoplein Limited

Story Highlights
  • Mercer Investments has acquired a 5.038% voting power in Peoplein Limited.
  • This move indicates Mercer’s strategic interest in Peoplein Limited, affecting shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Peoplein Limited ( (AU:PPE) ) is now available.

Mercer Investments (Australia) Limited, acting as the responsible entity for the Mercer Australian Small Companies Fund, has become a substantial holder in Peoplein Limited, acquiring a 5.038% voting power through ordinary fully paid shares. This development marks a significant investment move, potentially impacting Peoplein Limited’s shareholder dynamics and indicating Mercer’s strategic interest in the company.

More about Peoplein Limited

YTD Price Performance: -18.37%

Average Trading Volume: 154,892

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$89.13M

Find detailed analytics on PPE stock on TipRanks’ Stock Analysis page.

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