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Australian Retirement Trust Becomes Substantial Holder in Service Stream Limited

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Australian Retirement Trust Becomes Substantial Holder in Service Stream Limited

Service Stream Limited ( (AU:SSM) ) has provided an announcement.

Service Stream Limited has announced that Australian Retirement Trust Pty Ltd, acting as a trustee for a superannuation fund, has become a substantial holder in the company with a 5.215% voting power through the acquisition of 32,124,918 fully paid ordinary shares. This development signifies a notable investment in Service Stream Limited, potentially impacting its market positioning and indicating confidence from a significant institutional investor, which could influence future strategic decisions and shareholder value.

More about Service Stream Limited

YTD Price Performance: 0.52%

Average Trading Volume: 4

Technical Sentiment Signal: Sell

Current Market Cap: €620M

Learn more about SSM stock on TipRanks’ Stock Analysis page.

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