Kip McGrath Education Centres Limited (AU:KME) has released an update.
Kip McGrath Education Centres Limited has acknowledged a delay in the filing of substantial holder notices for Storm McGrath, rectifying the oversight with the latest Form 604 submission. The update reveals a significant increase in Storm McGrath’s voting power in the company, rising from 6.97% to 10.3% due to a series of on-market transactions and participation in the company’s dividend reinvestment scheme. The company reassures its commitment to adherence to regulatory compliance following this reporting discrepancy.
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