Gem Diamonds (GB:GEMD) has released an update.
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Gem Diamonds Limited has announced that Sustainable Capital Ltd has acquired a significant voting stake in the company. On August 29, 2024, Sustainable Capital crossed the threshold, now controlling 18.24% of the voting rights which corresponds to 25,631,041 shares. This strategic move signals a notable shift in the company’s shareholder structure and could influence its future direction.
For further insights into GB:GEMD stock, check out TipRanks’ Stock Analysis page.
