Dynamic Group’s Major Shareholder Increases Stake

Dynamic Group Holdings Limited (AU:DDB) has released an update.

Australian Meat Industry Superannuation Pty Ltd, trading as Australian Food Super, has increased its stake in Dynamic Group Holdings Limited to 65.485% from 63.944% through a series of on-market acquisitions. These transactions were part of an ongoing takeover bid as outlined in their recent bidder’s statements. The increase in voting power comes after the acquisition of over 2.1 million ordinary shares in a series of transactions.

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