Seven Group Holdings Limited (AU:SVW) has released an update.
Seven Group Holdings Limited has reported an increase in its voting power in Boral Limited from 91.50% to 92.90%, following changes in shareholdings due to acceptances of a takeover offer and exchanges under exchangeable notes. The changes, effective as of May 31, 2024, involve an acquisition of additional shares and a disposal related to exchangeable notes maturing in 2027. This marks a significant shift in the ownership structure of Boral Limited, with SGH further cementing its position as a substantial holder.
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