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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has provided an announcement.
Maggie Beer Holdings Ltd announced that entities associated with Mr. Angelo Kotses have acquired a 19.99% stake in the company. This investment is seen as a positive development, as Mr. Kotses brings significant experience in growing FMCG and premium food and beverage businesses, which is expected to benefit the company’s growth and shareholder value. The company has extended its director nomination deadline to accommodate a potential board renewal process.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd operates in the food and beverage industry, focusing on premium products with a strong South Australian heritage.
Average Trading Volume: 151,751
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$21.25M
See more data about MBH stock on TipRanks’ Stock Analysis page.