Cadence Fund’s Major Stakeholder Increases Shares

Cadence Opportunities Fund Ltd. (AU:CDO) has released an update.

Cadence Opportunities Fund Limited has seen an increase in its substantial holding, with Esselmont Superannuation Fund making on-market purchases totaling 227,184 ordinary shares for $390,282 between May and July 2024. This acquisition has raised the voting power of Esselmont entities from 22.82% to 24.71%. No new associations have formed nor existing ones changed in relation to the company’s voting interests.

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