RAS Technology Shareholder Reduces Stake

RAS Technology Holdings Limited (AU:RTH) has released an update.

RAS Technology Holdings Limited has experienced a significant change in shareholder voting power, with substantial holder Robert Vilkaitis reducing his stake. The sale, which occurred on May 14, 2024, resulted in a decrease in Vilkaitis’ voting power from 21.00% to 17.68%, corresponding to the sale of 1,500,000 ordinary shares for $1,875,000. Vilkaitis continues to hold a direct interest in 8,039,066 ordinary shares after the transaction.

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