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Omega Oil & Gas Shareholder Voting Power Diluted
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Omega Oil & Gas Shareholder Voting Power Diluted

Omega Oil & Gas Limited (AU:OMA) has released an update.

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Omega Oil & Gas has reported a change in the interests of substantial holder Ilwella Pty Ltd, which experienced a dilution of voting power from 29% to 27.72% due to the issuance of new securities. This dilution impacted multiple shareholders and resulted in a shift in the number of shares and votes held by entities such as Offelbar Pty Ltd and individuals like Mr Tyson Dennis Flannery. No consideration was given in relation to the change, indicating the dilution was likely a result of share issuance rather than a sale or purchase of shares.

For further insights into AU:OMA stock, check out TipRanks’ Stock Analysis page.

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