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Metro Performance Glass Ltd ( (AU:MPP) ) has provided an update.
Amari Metals Australia Pty Ltd has disclosed that it has ceased to be a substantial product holder in Metro Performance Glass Limited, after transferring its entire 51% stake, amounting to 501,655,800 ordinary shares, to Metro Glass Investment (MGI) Pty Ltd on 30 December 2025 as part of an internal group restructuring. As both Amari and MGI are wholly owned within the same corporate group, the transaction represents an internal reorganisation rather than an external sale, leaving Amari with no direct holding in Metro Performance Glass while maintaining ultimate ownership at the group level and signalling no apparent change in control for other shareholders or stakeholders.
More about Metro Performance Glass Ltd
Metro Performance Glass Limited is a New Zealand-based glass manufacturer and processor, supplying glass products and glazing services primarily to the construction and building sectors. The company focuses on residential and commercial markets, providing a range of performance glass solutions for windows, doors, and facades across New Zealand and, through group entities, in Australia.
Average Trading Volume: 51,734
Technical Sentiment Signal: Sell
Current Market Cap: A$41.77M
See more data about MPP stock on TipRanks’ Stock Analysis page.