Michael Sheridan Becomes Key Shareholder in Cycliq

Cycliq Group Ltd (AU:CYQ) has released an update.

Michael Sheridan has emerged as a substantial shareholder in Cycliq Group Ltd, with a 5.005% voting power, equivalent to 22,300,000 votes. This stake was acquired through several transactions, both cash and non-cash, involving personal investments and interests in businesses Sheridan holds directorial positions in, such as ReVelle Super and Maven Computers. The transactions leading to this significant shareholding took place over the four months preceding the reporting date.

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