Sibelco Asia Pacific Ups Stake in Metallica Minerals

Sibelco Asia Pacific Ups Stake in Metallica Minerals

Metallica Minerals Limited (AU:MLM) has released an update.

Metallica Minerals Limited has experienced a notable change in its shareholder structure, with Sibelco Asia Pacific Pty Ltd increasing its voting power from 90.13% to 91.58% through a series of on-market acquisitions and acceptances under a takeover offer. These transactions included the purchase of ordinary shares on multiple dates throughout July 2024 and a deemed relevant interest under a takeover bid to acquire all ordinary shares in MLM.

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

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