Kip McGrath’s Voting Power Decreases
Company Announcements

Kip McGrath’s Voting Power Decreases

Kip McGrath Education Centres Limited (AU:KME) has released an update.

Kip McGrath Education Centres Limited has experienced a notable change in shareholding, with the voting power of substantial holder Kip McGrath decreasing from 17.36% to 12.6% between November 2020 and May 2022. This shift occurred through a series of on-market sales and a change in control of an indirect interest, affecting a total of 1,820,490 votes. The updates to the company’s substantial holding are detailed in a recent statutory filing.

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

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