Farm Pride Foods Limited (AU:FRM) has released an update.
Farm Pride Foods Ltd has experienced a shift in substantial holdings, with West Coast Eggs Pty Ltd’s voting power decreasing from 28.02% to 26.47% due to a dilution event on February 28, 2023. The dilution occurred when new shares were issued, resulting in West Coast Eggs Pty Ltd and Southern Egg Pty Ltd adjusting their relevant interests in the company’s ordinary shares. This change in voting power could be of interest to investors watching the company’s stock.
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