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Mercer Investments Acquires Substantial Stake in Peoplein Ltd

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Mercer Investments Acquires Substantial Stake in Peoplein Ltd

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Peoplein Limited ( (AU:PPE) ) has shared an update.

Mercer Investments (Australia) Limited, as the responsible entity of the Mercer Australian Small Companies Fund, has become a substantial holder in Peoplein Ltd, acquiring a 5.006% voting power through ordinary fully paid shares. This acquisition marks a significant stake in Peoplein Ltd, potentially influencing its strategic direction and impacting stakeholders by aligning with Mercer’s investment strategies.

The most recent analyst rating on (AU:PPE) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Peoplein Limited stock, see the AU:PPE Stock Forecast page.

More about Peoplein Limited

Average Trading Volume: 235,025

Technical Sentiment Signal: Sell

Current Market Cap: A$75.54M

For an in-depth examination of PPE stock, go to TipRanks’ Overview page.

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