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AMIST Ups Stake in Dynamic Group Holdings

AMIST Ups Stake in Dynamic Group Holdings

Dynamic Group Holdings Limited (AU:DDB) has released an update.

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Australian Meat Industry Superannuation Pty Ltd, trustee for AMIST, has increased its stake in Dynamic Group Holdings Limited, boosting its voting power from 82.185% to 83.227% via an on-market takeover bid. The transaction involved acquiring additional ordinary shares across several dates, with the most recent change reported on September 6, 2024. This strategic move signals a strengthening of AMIST’s influence over DDB, with no changes reported in the nature of associations.

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

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