Perennial Value Increases Stake in RPMGlobal Holdings

RPMGlobal Holdings Ltd (AU:RUL) has released an update.

Perennial Value Management Limited has increased its stake in RPMGlobal Holdings Ltd, becoming a substantial shareholder with a 5.01% voting power as of December 30, 2024. This move indicates a significant interest in RPMGlobal, potentially affecting market perceptions and investor confidence in the company. The acquisition was facilitated through various financial intermediaries, including HSBC, Northern Trust, and Citicorp Nominees.

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