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EnviroSuite Ltd Sees Increased Stake from Ideagen Group

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EnviroSuite Ltd Sees Increased Stake from Ideagen Group

EnviroSuite Ltd ( (AU:EVS) ) has shared an update.

EnviroSuite Ltd has announced a change in the substantial holding of its shares, with Ideagen Group increasing its stake in the company. The Ideagen Group has acquired additional shares through a call option deed, raising its voting power from 14.93% to 18.03%. This change in shareholding could potentially impact EnviroSuite’s strategic direction and influence within the environmental technology sector, as Ideagen Group strengthens its position as a significant stakeholder.

More about EnviroSuite Ltd

EnviroSuite Ltd operates in the environmental technology industry, providing software solutions that help businesses manage environmental impacts and compliance. The company focuses on offering products that assist in air quality monitoring, noise management, and environmental compliance, catering to industries such as mining, waste management, and urban development.

YTD Price Performance: 33.33%

Average Trading Volume: 711,144

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$115.3M

Find detailed analytics on EVS stock on TipRanks’ Stock Analysis page.

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