Saturn Metals Shareholder Voting Power Shifts

Saturn Metals Ltd. (AU:STN) has released an update.

Saturn Metals Limited has experienced a change in the voting power of its substantial shareholder, Wythenshawe Pty Ltd and associates, following the issue of new ordinary shares. The voting power of Wythenshawe Pty Ltd decreased from 11.56% to 10.47% due to the dilution effect of the placement. This adjustment in shareholding structure could be of interest to current and potential investors.

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