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Soco Corporation Shareholder Voting Power Shift
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Soco Corporation Shareholder Voting Power Shift

Soco Corporation Ltd (AU:SOC) has released an update.

Soco Corporation Ltd has experienced a shift in substantial holding, with Seanrica Pty Ltd, under the control of Sebastian Anthony Rizzo, witnessing a dilution in voting power from 15.84% to 14.50%. This change occurred due to the issuance of additional shares to support the acquisition of Axsym Technology Pty Ltd. Despite the dilution, the number of shares held by Seanrica Pty Ltd remains unchanged at 20,000,000 fully paid ordinary shares.

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

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