Cogstate Ltd Investor Increases Stake

Cogstate Ltd (AU:CGS) has released an update.

Cogstate Ltd has reported a change in the substantial holding by Anacacia Pty Limited, where their voting power increased from 7.1% to 8.2% through an on-market purchase of additional shares worth approximately $2 million. The transaction involved 1,888,519 ordinary shares, bringing Anacacia’s total to 14,023,266 shares. This shift reflects a notable change in the company’s investor base and could have implications for its stock market performance.

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