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Electra Real E. ( (IL:ELCRE) ) just unveiled an update.
Electra Real E. has issued an immediate report regarding Analyst I.M.S. Investment Management Services Ltd becoming an interested party in the company. The action involved an increase in holdings due to a private issuance of 338,000 ordinary shares. This move brings Analyst I.M.S.’s total holdings to 5.13% of the company’s capital and voting power. This development could potentially influence Electra Real E.’s market position and stakeholder dynamics, given the substantial increase in shareholding by a hedge fund capable of appointing a director to the company’s board.
More about Electra Real E.
YTD Price Performance: 4.97%
Average Trading Volume: 90,010
Current Market Cap: ILS2.8B
For an in-depth examination of ELCRE stock, go to TipRanks’ Stock Analysis page.