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Deutsche Bank Exits Latin Resources Stake

Deutsche Bank Exits Latin Resources Stake

Latin Resources Limited (AU:LRS) has released an update.

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Deutsche Bank AG has ceased to be a substantial holder in Latin Resources Limited, with the change effective as of September 11, 2024. This shift follows the return of collateral by DWS Investment GmbH, a Deutsche Bank Group entity, to a triparty collateral provider, impacting over 30 million ordinary shares and their associated votes. This development may influence the company’s ownership dynamics and is of interest to investors monitoring Latin Resources Limited’s shareholder structure.

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

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