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LBT Innovations’ Substantial Holder Dilutes Shares
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LBT Innovations’ Substantial Holder Dilutes Shares

LBT Innovations Limited (AU:LBT) has released an update.

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LBT Innovations Limited has experienced a change in the interests of substantial holder Richard Irving Green and associated entities, with their voting power decreasing from 17.12% to 15.45% due to the dilution from new share issuances. Despite this dilution, JTCA and Jatayco, under the control of Green, maintain relevant interests in the company with significant voting shares. No new associates have been reported in the latest filing.

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

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