Premier Investments Ups Stake in Myer Holdings

Myer Holdings Limited (AU:MYR) has released an update.

Premier Investments Limited has increased its voting power in Myer Holdings Limited from 28.79% to 31.37% through an on-market acquisition of shares. The transaction, involving the purchase of 24,538,875 fully paid ordinary shares for a consideration of $18,404,156.25, took place on April 18, 2024. This strategic move signifies a substantial change in the interests of the significant shareholder, further entrenching its influence over the company.

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