Morgan Stanley No Longer a Major PSC Insurance Holder

PSC Insurance Group Ltd. (AU:PSI) has released an update.

Morgan Stanley and its subsidiaries, previously substantial holders in PSC Insurance Group Ltd., have ceased this status as of August 15, 2024. This follows a series of transactions involving buying and selling of the company’s ordinary shares, all detailed in a recent notice that indicates changes in their relevant interests. These transactions occurred primarily on August 8th, 9th, and 12th, leading up to the substantial change in their holding.

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