Seven Group Holdings Limited (AU:SVW) has released an update.
Seven Group Holdings Limited reports a decrease in the voting power of entities controlled by Kerry Stokes AC, following the issuance of additional shares as part of its acquisition of Boral Limited. This dilution has brought the Stokes-controlled entities’ voting power down to 52.57% in Seven Group Holdings. Details of the change were disclosed in line with the Corporations Act requirements.
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