Farm Pride Foods Limited (AU:FRM) has released an update.
Farm Pride Foods Ltd has experienced a change in substantial holdings, with West Coast Eggs Pty Ltd and Southern Egg Pty Ltd reporting a decrease in their voting power due to the dilution effect of new share issues. West Coast Eggs Pty Ltd’s voting power dropped significantly from 26.47% to 20.01%, while Southern Egg Pty Ltd’s voting power remained negligible after the dilution. This shift in substantial holdings could potentially influence the company’s decision-making process and investor relations.
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