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De Silva Investments Becomes Substantial Holder in Way2VAT Limited

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De Silva Investments Becomes Substantial Holder in Way2VAT Limited

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WAY 2 VAT LTD ( (AU:W2V) ) has shared an update.

Way2VAT Limited has announced that De Silva Investments (AUST) Pty Ltd, along with its associated entities, has become a substantial holder in the company as of May 16, 2025. This development indicates that De Silva Investments now holds a 6.88% voting power in Way2VAT Limited, which could influence the company’s decision-making processes and strategic direction. The acquisition of shares was primarily through the conversion of convertible notes into fully paid ordinary shares, suggesting a strategic investment move by De Silva Investments.

More about WAY 2 VAT LTD

Technical Sentiment Signal: Sell

For detailed information about W2V stock, go to TipRanks’ Stock Analysis page.

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