Syrah Resources (AU:SYR) has released an update.
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Citigroup Global Markets Australia Pty Limited and its affiliates have become substantial shareholders in Syrah Resources Ltd, securing a 5.0020% voting power in the company through various securities lending agreements and ordinary stock market transactions. The group’s relevant interest spans over 51.7 million ordinary fully paid shares, with Citibank N.A. Sydney Branch holding the largest portion as an agent lender.
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