Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh (AU:CVL) has released an update.
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James and Olive Fitzgerald, trustees for the JF and OT Fitzgerald Family Trust, have become substantial holders in Civmec Australia Limited, acquiring a 19.25% stake with 97,720,806 ordinary shares. The considerable share acquisition took place on September 10, 2024, through a scheme of arrangement involving shares in Civmec Singapore Limited. This move underscores the Fitzgeralds’ significant investment and influence in the company, marking a noteworthy shift in its shareholder structure.
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