PVM Increases Stake in Veem Ltd
Company Announcements

PVM Increases Stake in Veem Ltd

Veem Ltd (AU:VEE) has released an update.

Veem Ltd has reported a change in the voting power of substantial holder Perennial Value Management Limited (PVM), with an increase from 12.73% to 13.74% as a result of market purchases. The transactions included several financial institutions such as BNP Paribas Securities Services, HSBC, and Northern Trust buying on the market, contributing to PVM’s total relevant interest in voting shares. These recent moves highlight PVM’s growing influence in Veem Ltd, capturing the attention of stock market enthusiasts.

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

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!