tiprankstipranks
Spirit Tech’s Share Dilution Reduces McKay’s Stake
Company Announcements

Spirit Tech’s Share Dilution Reduces McKay’s Stake

Spirit Technology Solutions Ltd. (AU:ST1) has released an update.

Don't Miss our Black Friday Offers:

Spirit Technology Solutions Ltd. has reported a change in substantial holdings by Mr. Simon McKay and McKay Family Holdings Pty Ltd, with their voting power dropping from 11.14% to 9.44% due to a dilution event following a share issue by the company. This adjustment occurred on September 4, 2024, and signifies a change in the influence of Mr. McKay’s interests in the company.

For further insights into AU:ST1 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App