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Macquarie Group Updates Orbital Stake Details

Macquarie Group Updates Orbital Stake Details

Orbital Corporation Limited (AU:OEC) has released an update.

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Macquarie Group Limited has corrected its substantial holder notice, clarifying that it became a significant shareholder in Orbital Corporation Limited on 17 June 2024, not the previously stated 14 June. The correction follows a reevaluation of the transaction date based on client instructions, which also affected the number of securities involved. Macquarie now reports control over 7,766,960 securities, giving it a 5.37% voting power in the company.

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