Sierra Rutile Holdings Limited (AU:SRX) has released an update.
Sierra Rutile Holdings Ltd (SRL) experienced a significant change in shareholding, with MANO MINING AND LOGISTICS LIMITED, among others, increasing their stake. Between April 23 and June 25, 2024, the substantial holder’s voting power rose from 11.90% to 13.03%, with a notable purchase of an additional 4,801,514 shares by Rockbridge Overseas Limited, influencing the interests of associated parties. This shift reflects a strategic adjustment in the control dynamics of the company, as the relevant interests and voting powers of entities like Ecsson Investments Limited and associates Assad and Joseph Yazbeck were also affected.
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