Ubique Asset Management Acquires Stake in IGO

IGO (AU:IGO) has released an update.

Ubique Asset Management Pty Ltd has become a substantial holder in IGO Limited, acquiring a 5.14% voting power through 38,932,189 shares. The shares in IGO form part of Australian equities portfolios managed by Ubique for funds and institutional clients, primarily superannuation funds. The financial dealings leading up to this significant holding involved cash transactions totaling approximately $143 million, alongside non-cash considerations.

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