IOUpay Limited (AU:OVT) has released an update.
Ovanti Limited has emerged as a substantial holder in IOUpay Limited with a 19.29% voting power, represented by 293,750,000 ordinary shares. The transaction saw Glee Capital Pty Ltd, directed by Terence Clee, paying $1.175 million in cash for the shares on August 1, 2024. This significant stake acquisition highlights movements in shareholder structure that could influence IOUpay’s future direction.
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