Morgan Stanley Acquires Major Stake in Plexure Group

Plexure Group Limited (AU:TSK) has released an update.

Morgan Stanley and its subsidiaries have emerged as substantial shareholders in Plexure Group Limited, acquiring a 7.21% stake with 25,752,849 ordinary shares. The financial juggernaut reached this significant holding on June 11, 2024, and transactions leading up to this position include a series of acquisitions ranging from as few as 33 to as many as 44,487 shares per transaction in the months preceding. This strategic move underscores Morgan Stanley’s interest and growing influence in Plexure Group’s future.

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