Powerhouse Ventures Acquires 6.19% of Site Group

Powerhouse Ventures Ltd. (AU:PVL) has released an update.

Powerhouse Ventures Limited has emerged as a substantial holder in Site Group International Ltd, acquiring a 6.19% stake with 195,250,000 fully paid ordinary shares. On October 2, 2024, Powerhouse Ventures completed the purchase for a total consideration of $390,500. This strategic move by Powerhouse Ventures signifies a notable shift in the shareholding pattern of Site Group International, potentially impacting the company’s future direction.

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