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Blakin Technologies Reduces Stake in LGI Limited
Company Announcements

Blakin Technologies Reduces Stake in LGI Limited

LGI LTD (AU:LGI) has released an update.

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Blakin Technologies Pty Ltd, led by Adam James Bloomer, has reported a decrease in its stake in LGI Limited. The substantial shareholder’s voting power has dropped from 19.93% to 18.71% after an off-market sale of 1,000,000 shares for a total consideration of $3,000,000 on June 19, 2024. No new associations were reported, and the change in shares has adjusted the company’s substantial holding in LGI Limited.

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

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