Sovereign Cloud Holdings Shareholder Shift

Sovereign Cloud Holdings Ltd. (AU:SOV) has released an update.

Sovereign Cloud Holdings Ltd. has experienced a shift in its shareholder structure, with key stakeholders CUSP Holdings Pty Ltd, SG03 Pty Ltd, Catherine Gay Reid, and Stuart Anthony Giles adjusting their holdings. The changes, which occurred on May 30, 2024, involved both acquisitions and disposals of ordinary shares, with the voting power of these substantial holders now sitting at 9.26%. These transactions, which totaled around $1.92 million at a rate of $0.03 per share, resulted in the transfer of 63,923,946 ordinary shares for each noted transaction.

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