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Fred Bart Group Acquires Major Stake in Calima Energy
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Fred Bart Group Acquires Major Stake in Calima Energy

Calima Energy Ltd (AU:CE1) has released an update.

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Calima Energy Limited has announced that the Fred Bart Group, comprising Fred Bart, 4F Investments Pty Limited, and Bart Superannuation Pty Ltd, has become a substantial holder in the company, wielding a 5.78% voting power through 36,584,321 ordinary shares. The group secured their share over a series of acquisitions leading up to June 18, 2024, with addresses and directorship connections centered at Suite 3, Level 12, 75 Elizabeth Street, Sydney NSW 2000. This move indicates a significant new interest and potential influence in the company’s future direction.

For further insights into AU:CE1 stock, check out TipRanks’ Stock Analysis page.

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