Intelligent Monitoring Sees Major Shareholder Shift

Intelligent Monitoring Group Limited (AU:IMB) has released an update.

Intelligent Monitoring Group Limited has experienced a shift in ownership as Black Crane Asia Pacific Opportunities Fund’s voting power decreased from 58.47% to 46.98% due to an on-market purchase of shares and a dilution event from additional shares issued. The fund’s relevant interest in the company’s voting securities changed following a market purchase worth $271,799.01 and a substantial issuance of new shares by the company.

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