Netwealth Group Ltd. (AU:NWL) has released an update.
Michael Heine, a substantial shareholder in Netwealth Group Limited, has reported a slight decrease in his voting power from 48.42% to 47.8% as of April 4, 2024. The change reflects a reduction in the number of ordinary shares he holds, as detailed in a recent regulatory filing. This adjustment in Heine’s stake could signal movements within the company’s shareholder structure that may interest investors.
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