Majestic Equity Secures 16% Stake in BlueBet Holdings

BlueBet Holdings Ltd. (AU:BBT) has released an update.

Majestic Equity Pty Ltd, as trustee for the Catherine Tripp Trust, has emerged as a substantial holder in BlueBet Holdings Limited, acquiring a 16.10% stake with 90,242,070 fully paid ordinary shares. The acquisition, effective from 1 July 2024, involved a non-cash consideration related to the sale of business and assets by NTD Pty Ltd to BlueBet Pty Ltd. Catherine Tripp, director and secretary of Majestic, is identified as having a relevant interest in these shares due to her power to vote and dispose of them.

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