Metgasco Ltd (AU:MEL) has released an update.
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Glennon Small Companies Limited, a substantial shareholder in Metgasco Ltd, has experienced a dilution in their voting power from 17.56% to 15.49% due to the issuance of additional shares under Metgasco’s share purchase plan and placement. Despite the dilution, Glennon Small Companies Limited remains the registered holder of 216,478,208 ordinary shares. This change in voting power occurred between May 23, 2024, and June 25, 2024, with no consideration given for the change.
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