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Apex Boosts Stake in DRA Global Ltd.
Company Announcements

Apex Boosts Stake in DRA Global Ltd.

DRA Global Ltd. (AU:DRA) has released an update.

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Apex PartnersHoldings Proprietary Limited, a substantial holder in DRA Global Ltd., has increased its voting power from 22.17% to 25.01% by acquiring additional ordinary shares, as revealed in a recent change of interest notice. The increase was marked by two significant purchases, with the latest on October 9, 2024, involving a transaction worth over 42 million ZAR. This move signifies a notable shift in the company’s ownership structure, potentially impacting DRA Global’s strategic direction and investor confidence.

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

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