Pinnacle Investment Now Substantial Holder in Lovisa Holdings
Company Announcements

Pinnacle Investment Now Substantial Holder in Lovisa Holdings

Lovisa Holdings Ltd. (AU:LOV) has released an update.

Pinnacle Investment Management Group Limited has emerged as a substantial holder in Lovisa Holdings Ltd, acquiring a 5.02% stake with 5,506,151 ordinary shares. The acquisition, which positions Pinnacle as a key investor in the retail fashion accessories company, was finalized on July 4, 2024. The details of the transaction, including consideration paid and relevant interests, are outlined in the company’s various annexures associated with the notification.

For further insights into AU:LOV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskPinnacle No Longer Substantial Holder in Lovisa
Kirti TakAustralian Stocks: Lovisa (LOV) Shares Plummet on CEO Exit
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!